US forces hit dozens of Iranian military sites near Strait of Hormuz
The scale of the operation, described by Centcom as hitting dozens of targets over a seven-hour window, signals a sig ...
Oil escalation – Iran hit US bases in Bahrain, Kuwait and Jordan
The renewed exchange of strikes pushed Brent and WTI to fresh multi-week highs for a second straight session, reinfor ...
Gulf states race to pipeline oil around Hormuz, Goldman Sachs finds. Could insulate most Gulf oil exports.
The Goldman analysis reframes Hormuz risk as a multi-year fade rather than a near-term relief valve, meaning the curr ...
Trump confirms US held talks with Iran, urged Tehran to reach a deal
Trump’s remarks point to no imminent de-escalation, reinforcing the geopolitical risk premium already built int ...
Recapping a crude Tuesday: Oil prices climb to one-month high as Middle East conflict escalates
The renewed US naval blockade around Iran has revived fears that a meaningful share of global crude flows through the ...
Private survey inventory shows a headline crude oil draw smaller than expected
Via twitter:Expectations I had seen:headline crude oil -2.7mn barrelsdistillates +1mn bblsgasolina +0.6 ...
Crude oil settles at $79.34, up $1.20. Bias remains to the upside from a technical perspective
Crude oil is settling the session at $79.34, up $1.20 on the day, with prices continuing to edge higher in after-hour ...
Ongoing US attacks on Iranian targets, Khormuj missile site, Qeshm Island, Kharg Island
Earlier:US military confirm “have begun launching a series of powerful strikes against Iran”Warnings that ...
ICYMI – China buys 26 million barrels of Gulf crude as Saudi discount deepens
China’s purchase of more than 26 million barrels in a matter of days sits on top of its normal Gulf buying of a ...
Germany moves to refill diesel reserves and build new gas stockpile
Germany’s push to rebuild both diesel and gas buffers lands at an awkward moment, given diesel supply in Europe ...
US strikes on Iran to continue for hours as Hormuz traffic halted
An unconfirmed order to halt all vessel traffic through the Strait of Hormuz, even if not yet officially confirmed, i ...
Warnings that ceasefire in danger unless Iran stops blocking Strait of Hormuz
ADDED, as I post there are reports of more explosions in Sirik, iran – borders the Strait.The scale escalation ...