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World politics
fromFortune
18 hours ago

It's almost inexplicable why oil prices aren't much higher. But here's why markets are 'resilient' so far despite the biggest energy supply shock ever | Fortune

Despite a historic energy supply shock from the Iran war and Strait of Hormuz disruption affecting 20% of global oil and gas flows, oil prices remain below theoretical highs due to reduced Middle Eastern dependence, strategic reserves, and optimism about conflict resolution.
#russia-sanctions
Russo-Ukrainian War
fromwww.dw.com
6 days ago

US temporarily allows sale of Russian oil stranded at sea

The US Treasury issued a 30-day license allowing sales of Russian crude oil and petroleum products already in transit, amid soaring energy prices from the US-Israel-Iran conflict.
more#russia-sanctions
#gas-prices
more#gas-prices
#fuel-prices
Europe news
fromLondon Business News | Londonlovesbusiness.com
1 week ago

The outlook for diesel drivers is 'increasingly bleak' as prices could hit 160p per litre - London Business News | Londonlovesbusiness.com

UK fuel prices surge due to Middle East conflict, with petrol at 137.5p and diesel at 151p per litre, expected to rise further amid global crude oil exceeding $100 per barrel.
UK news
fromwww.standard.co.uk
2 weeks ago

Where to find the cheapest petrol stations as oil prices rise

Middle East conflict threatens fuel prices through Strait of Hormuz disruption, though recent oil price drops have lowered UK petrol costs to 131.91p per litre, the cheapest since July 2021.
UK news
fromwww.independent.co.uk
2 weeks ago

Drivers warned over panic buying fuel amid Middle East conflict

Drivers should avoid panic buying petrol despite Middle East conflict concerns, as fuel price increases take weeks to reach pumps and current prices remain below yearly averages.
more#fuel-prices
World news
fromenglish.elpais.com
1 month ago

The month that changed Venezuela: From the US attack and Maduro's capture to amnesty for political prisoners

A U.S. military operation and subsequent general amnesty have reshaped Venezuela's political landscape, reopening protests and altering oil and diplomatic dynamics.
World news
fromFortune
2 months ago

OPEC+ sticks with plan to keep oil flow steady amid turmoil | Fortune

OPEC+ will pause planned supply increases through March amid a global supply surplus, low crude prices, and uncertainty from Venezuela's political upheaval.
US news
fromFortune
8 months ago

Iran's move to shut the Strait of Hormuz threatens a 'stagflationary shock' akin to Russia's Ukraine invasion

Trump's ceasefire may stabilize oil markets previously shaken by Iran's potential closure of the Strait of Hormuz.
#iran
fromFortune
8 months ago
US news

Trump's threat of 'regime change' in Iran is being greeted with calm and enthusiasm by the markets

fromFortune
8 months ago
US news

Trump's threat of 'regime change' in Iran is being greeted with calm and enthusiasm by the markets

more#iran
Miami food
fromMiami Herald
8 months ago

Gas prices soar by double digits in Florida. What's the cost in your area?

Florida gas prices are rising due to Middle East tensions, with a notable increase of 17 cents in South Florida this week.
fromLondon Business News | Londonlovesbusiness.com
8 months ago

FTSE 100 plummets amid Iran's threat to 'block' the Strait of Hormuz - London Business News | Londonlovesbusiness.com

Phillip Ingram warned on Sky News that should Iran close the Strait of Hormuz, there will be an enormous global 'economic shock.' He stated that such a closure would dwarf the economic effects witnessed during the Ukraine war.
US news
Startup companies
from24/7 Wall St.
10 months ago

Oil Crash in April Worst Since 2021: 4 High-Yield Passive Income MLPs Are On Sale

Analysts were surprised by the April oil price drop due to various economic factors, but gasoline prices may see a decline this summer.
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