Israel hits Tehran again after killing Khamenei Missiles hit 3 tankers off Gulf coast Hundreds of ships drop anchor in Middle East Gulf, data shows SINGAPORE, March 2 (Reuters) – Oil prices jumped 7% to their highest levels in months on Monday as Iran and Israel stepped up attacks in the Middle East, damaging …
Takeaways by Bloomberg AI The US reported the first Americans killed in a war with Iran as each side pledged escalating strikes in the days ahead. Iran’s retaliation has spread across the region in the wake of massive missile attacks that killed Supreme Leader Ayatollah Ali Khamenei and other senior officials. Oil and other markets …
Key Things to Know About the US-Israel Conflict With Tehran Read More »
Abel emphasizes trust, Berkshire values Analysts say Abel struck the right tone Berkshire reports declining profit for Q4, 2025 (Reuters) – Berkshire Hathaway’s new Chief Executive Greg Abel moved to put his stamp on the conglomerate with his first annual letter to shareholders on Saturday, pledging to maintain its “fortress-like” balance sheet and uphold the …
Berkshire CEO Abel Seeks to Reassure Shareholders After Taking Baton From Buffett Read More »
Summary OPEC+ agrees to raise output by 206,000 bpd US attacks on Iran kill Khamenei, Gulf oil flows disrupted Saudi Arabia and UAE have already raised exports, sources say OPEC has little spare production capacity, analysts say Hormuz needs to reopen for oil to reach markets, analysts say (Reuters) – OPEC+ agreed a modest oil …
OPEC+ Agrees to Modest Oil Output Boost Even as US War on Iran Disrupts Shipments Read More »
At least three tankers were damaged off the Gulf coast after U.S. and Israeli strikes on Iran triggered Iranian retaliation that put merchant ships at risk of collateral damage, shipping sources and officials said on Sunday. Risks to commercial shipping have surged in the past 24 hours, with more than 200 vessels including oil and …
Three Tankers Damaged in Gulf as US-Iran Conflict Escalates Read More »
The U.S. is not considering releasing oil from its strategic petroleum reserve in the aftermath of strikes on Iran, the Financial Times reported on Saturday, citing a Department of Energy official familiar with the matter.There have been “no discussions at all about the SPR,” the official told the FT, when questioned about steps the Trump …
US Not Planning to Tap Strategic Reserve as Iran War Risks Oil Surge, FT Says Read More »
March 1, 2026 Russian President Vladimir Putin on Sunday condemned the killing of Iranian Supreme Leader Ayatollah Ali Khamenei as a “cynical” murder but he offered little in public to Moscow’s ally beyond condolences. Khamenei is the third Russian ally to be toppled in the past 15 months, following the falls of Moscow-backed leaders in …
Putin Slams Killing of Iran’s Khamenei But Offers Little Beyond Condolences So Far Read More »
At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed on Sunday, after U.S. and Israeli strikes on Iran plunged the region into turmoil. The tankers were clustered in open …
Hundreds of Ships Drop Anchor in Middle East Gulf, Data Shows Read More »
Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after U.S. and Israeli strikes on Iran plunged the Middle East into a new war.“While the military attacks are themselves supportive for oil prices, the key factor …
Oil Jumps 10% on Iran Conflict and Could Spike to $100 a Barrel, Analysts Say Read More »
The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple their rulers. The strikes put nearby oil-producing Gulf Arab countries on edge as fears of …
Market Analysts React to US-Israel Strikes on Iran Read More »
