Economics ❯ Global Markets ❯ Oil Prices ❯ Supply Disruptions

Market Reactions

U.S. Renews One-Month Waiver for Russian Oil Cargoes Already at Sea

The late-Friday reversal aims to steady oil supplies during the U.S.–Israel conflict against Iran and the Strait of Hormuz disruption.

Israel’s Airstrikes on Iran Trigger Drone Retaliation and Oil Price Surge