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Oil Prices up 1% as Iran Crisis Disrupts Middle East Supply

Summary Geopolitical factors remain near-term key driver, analyst says US crude stocks up 5.6 million barrels last week, sources say (Reuters) – Oil prices rose about ​1% on Wednesday as U.S.-Israeli strikes on Iran disrupted Middle East supplies, but the pace ‌of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could …

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Oil Prices Keep Climbing as Expanding Conflict Heightens Supply Risks

Summary Brent and WTI benchmarks gain more than $4 Vessels avoid Strait of Hormuz as freight rates soar Crude prices to remain elevated over coming days, say analysts (Reuters) – Crude oil benchmarks rose about 8% on Tuesday, soaring for a third session as the ‌U.S.-Israeli conflict with Iran widens, disrupting fuel shipments and heightening …

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Brent Crude Jumps to Over $82 (WTI to over $72) in First Trading as Iran Conflict Escalates, Disrupts Shipping

  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 …

Brent Crude Jumps to Over $82 (WTI to over $72) in First Trading as Iran Conflict Escalates, Disrupts Shipping Read More »

Oil Jumps 10% on Iran Conflict and Could Spike to $100 a Barrel, Analysts Say

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 …

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Judge Says He Will Order Greenpeace to Pay an Expected $345 Million in Dakota Access Oil Pipeline Protest Case

By Jack Dura Leaders and attorneys for several Greenpeace entities listen to a reporter’s question after a jury’s verdict at the Morton County Courthouse in Mandan, N.D., Wednesday, March 19, 2025. (AP Photo/Jack Dura) BISMARCK, N.D. (AP) — A North Dakota judge has said he will order Greenpeace to pay damages expected to total $345 …

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Oil Prices Hover Near Seven-Month Highs on US-Iran Tensions

Summary Both crude benchmarks hover near seven-month highs US-Iran tensions key market driver in near term, analysts say US tariff situation creating market uncertainty (Reuters) – Oil prices hovered near seven-month highs on Tuesday, with traders assessing risks to supply from any military escalation as another round of U.S.-Iran nuclear talks loomed. Brent crude futures …

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Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters

Summary Oil prices hold near six-month high Strait of Hormuz supply risk fears US Supreme Court decision on tariffs has little effect on crude Traders and investors bet on rising prices: Saxo Bank (Reuters) – Brent crude prices rose in late-day short-covering on Friday as investors worried about U.S. military action, as President Donald Trump …

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Oil Heads for First Weekly Gain in Three as US-Iran Tensions Rise

Summary Oil prices hold near six-month high Strait of Hormuz supply risk in focus Traders and investors bet on rising prices: Saxo Bank (Reuters) – Oil prices traded near six-month highs on Friday, poised for their first weekly gain in three weeks on growing concern over potential conflict after Washington said Tehran will suffer if it …

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Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine Talks

Summary Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling Iran, US reach understanding on main ‘guiding principles’ in nuclear talks Eurasia Group sees 65% chance of US strikes on Iran by April Iran and Russia to conduct navy drill on Thursday, Fars news agency reports (Reuters) – Oil prices gained nearly 3% …

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Oil Prices Little Changed Ahead of US – Iran Nuclear Talks

Summary US, Iran officials due to meet in Geneva on Tuesday Iran says energy, mining and aircraft deals on table in US talks OPEC+ leans toward resuming output hikes from April, sources say LONDON, Feb 16 (Reuters) – Oil prices were little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks …

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