Iran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at Sea
Crude oil in floating storage off the Iranian coast is on the rise amid reluctance among buyers, Bloomberg reported today, citing data from Vortexa and its own
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Crude oil in floating storage off the Iranian coast is on the rise amid reluctance among buyers, Bloomberg reported today, citing data from Vortexa and its own
When the US-Israel war with Iran began, fuel costs jumped, but they are now plummeting as hope of lasting peace grows.
Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.
There have recently been many warnings about near-term oil shortages stemming from the conflict in Iran. Most analysts assume that shortages mean higher prices.

RBC cuts Methanex stock price target on easing Iran tensions
FTSE 100 today: Stocks extend fall as Iran talks resume, PMI cools
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
As oil benchmarks crash and Brent slips below $80 per barrel, a growing number of analysts are sounding an alarm: Hormuz may reopen, but oil production in the r
Oil prices were under pressure in early Asian trading on Thursday after the U.S. and Iran formally signed an agreement to reopen the Strait of Hormuz. The speed
The uncertain pace of supply recovery in the Middle East and the continued rapid drawdowns of global inventories make the case that oil price volatility would d
The Fed held rates but signaled it is more worried about inflation than growth in Chair Kevin Warsh's first meeting.

Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.
Gas prices fell below $4 per gallon for the first time since March after more than three months of elevated prices as a result of the war in Iran.
President says Iranians will receive incentives when they ‘behave’ and acknowledges Tehran will keep ballistic missiles
Defence secretary announced decision as he scolded Nato allies for failing to support Washington in Iran war
With the United States and Iran nearing a deal to reopen the Persian Gulf, the shipping giant is treading cautiously.
Jet fuel may stay expensive for months, and airlines know travelers are willing to pay more for tickets.
Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.
Bank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was still a major source of uncertainty for the economy.
Oil prices fell and stocks rose after Pakistan announced that the agreement to reopen the Strait of Hormuz would take effect immediately.