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But according to one veteran analyst focused on the intersection of markets and geopolitics, even if the conflict between the two bitter rivals were to escalate - and even if Iran did try to close the ...
The International Energy Agency tweaked its global oil demand forecast, now expecting demand to rise by 720,000 barrels a day this year versus 740,000 barrels previously, citing weak second-quarter ...
In 2024, an average of 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption, flowed through the Strait of Hormuz, a crucial oil chokepoint located between Oman and ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Iran’s allies, the self-described “Axis of Resistance,” have been severely hurt by ongoing Israeli attacks since the Oct. 7, ...
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U.S. stocks are slumping under the weight of a jump for the price of oil. The S&P 500 fell 0.8% Tuesday following signals ...
Two giant ocean-going tankers collided and caught fire near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets that have been on high alert since Israel attacked Iran.
As Israel and Iran exchange attacks, investors worry about a broader conflict across the Middle East that could cause gas prices to soar even more in the U.S. and Colorado.
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...