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U.S. Sets Naval Blockade of Iranian Ports as Strait of Hormuz Standoff Escalates

Blocking access to Iranian ports would test control of the Strait of Hormuz, a corridor that carries about one fifth of seaborne oil.

Oil Surge Lifts Exxon as Morgan Stanley Hikes Target to $172

U.S. Strikes Iran’s Kharg Island as Oil Shock Deepens and Baghdad Embassy Helipad Is Hit

Oil Surges Toward $68 Brent as U.S. Freeze‑Offs Tighten Supply and Iran Risk Lingers

Oil Rebounds After Ukrainian Strike Damages Russia’s Novorossiysk Export Hub

Oil Slumps as OPEC Shifts 2026 Forecast to Balanced Market

Oil Drops Below $68 as OPEC+ Signals November Hike and Kurdish Exports Restart

U.S. Strikes Iranian Nuclear Sites as Oil Tops $80

Israel and Iran Exchange Direct Strikes as Operation Rising Lion Escalates Conflict

Oil Prices Climb as Alberta Wildfires and Geopolitical Risks Offset OPEC+ Production Hikes

Oil Prices Rise After U.S. Court Blocks Trump Tariffs and OPEC+ Plans July Output Increase