Tag: Oil prices
Iran Reports Seven Oil Tankers Damaged or Set Ablaze in Strait...
Iran has reported that seven oil tankers were damaged or set ablaze overnight in the Strait of Hormuz, marking what could be the...
Trump Rejects Iran Peace Plan as U.S. Military Buildup Grows
President Donald Trump has rejected Iran’s latest proposal for ending the conflict as the United States prepares to send thousands of additional military personnel...
Global markets brace for Fed decision as inflation and oil prices...
WASHINGTON — The Federal Reserve will announce its latest interest-rate decision Wednesday, with investors and economists widely expecting the U.S. central bank to raise...
U.S. Escorts 40 Ships Carrying 18 Million Barrels Through Strait of...
WASHINGTON — The U.S. military escorted 40 commercial vessels carrying about 18 million barrels of oil through the Strait of Hormuz on Tuesday as...
Trump Posts AI-Generated Video Claiming Iran’s Kharg Island Is Under Attack...
WASHINGTON — President Donald Trump posted an artificial intelligence-generated video depicting explosions on Iran’s Kharg Island, the center of the country’s oil-export network, while...
Oil Prices Rise as Iran Uncertainty Keeps Strait of Hormuz in...
LONDON — Oil prices rose Monday as uncertainty over the reopening of the Strait of Hormuz renewed concerns about global energy supplies, with Iran...
Nigeria’s Economy Faces Fresh Threat from Iran-US Crisis
Rising tensions involving Iran and the United States are beginning to create fresh concerns for Nigeria's economy, with economists and industry experts warning that...
Global Markets Watch Geopolitical Tensions as Oil Prices Stay in Focus
Global financial markets remained focused on geopolitical developments on Wednesday as investors assessed the potential impact of international tensions on oil prices, inflation and...
U.S. Strikes Iran, Tehran Hits Back as Gulf Tensions Threaten Oil...
The United States and Iran exchanged military strikes this week, escalating tensions in the Gulf region and raising fears over global oil supplies. U.S....
Iran-Israel Tensions Disrupt Shipping in Strait of Hormuz
DUBAI, United Arab Emirates (FN) — Rising tensions between Iran and Israel have spilled into the Strait of Hormuz, one of the world’s most...
