Trump calls for Strait of Hormuz support
President Trump calls on allies to help secure the Strait of Hormuz with exports through the vital oil chokepoint remaining effectively halted, while European foreign policy chief Kaja Kallas criticiz...
16 Mar 30min
Crude closes above $100 for first time in 4 years
Oil settles about $100 per barrel for the first time since 2022 after Iran’s new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Tre...
13 Mar 26min
Oil markets on high alert despite record IEA stockpile release
Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its lar...
12 Mar 24min
Oil whipsaws on tanker escort confusion
Oil prices swing after the White House says the U.S. Navy did not escort a tanker through the Strait of Hormuz. The denial corrected a now-deleted social media post by Energy Secretary Chris Wright. T...
11 Mar 26min
Trump hints at oil sanctions relief to aid global markets
U.S. President Donald Trump hails the war effort in Iran as ‘very complete’ and has suggested some oil sanctions could be eased to shore up confidence in the market. However, Trump warned Iran could b...
10 Mar 25min
Oil volatility pushes prices past $100bbl mark
Oil prices surge to almost $120bbl overnight before falling back to $108bbl. President Trump says he does not believe the market shock will be prolonged. The G7 reportedly considers a joint release of...
9 Mar 28min
Washington and Tehran at odds over negotiation claims
After six days of conflict in the Middle East, President Trump says the Iranian regime is desperate to end the fighting but the country’s foreign minister, Abbas Araghchi, refutes the claims. Washingt...
6 Mar 27min
Asian stocks rapidly rebound following Wednesday's slump
Global equities stage an impressive comeback as traders absorb fears about the conflict in Middle East. Tech and chip stocks lead the way in Asia with South Korea’s Kospi rebounding to potentially pos...
5 Mar 27min
