Oil News

Oil prices jumped on Friday after Kuwait announced that an Iranian attack had struck a power generation and desalination facility, as military clashes across the Gulf continued to ...

Oil prices climbed around 2% on Friday as the United States and Iran stepped up their military exchanges across the Gulf, fueling concerns over global shipping after threats to close the Red Sea ...

Oil prices were little changed on Thursday after Iran reportedly instructed Yemen's Houthi movement to prepare for closing a key oil export route through the Red Sea if the United States launches ...

Oil prices edged lower on Thursday as investors continued to assess the implications of escalating tensions between the United States and Iran and the potential risks to oil supplies passing through ...

Oil prices were little changed on Wednesday as US forces continued a fresh wave of military strikes against Iranian targets while Washington reinstated a naval blockade on Iranian ports near the ...

The ceasefire between the United States and Iran, which was intended to ensure the permanent reopening of the Strait of Hormuz, has begun to fall apart.   US forces reinstated a naval blockade ...

Oil prices climbed about 1% on Wednesday, extending their gains after US President Donald Trump reinstated a naval blockade on all Iranian ports, while Iran's Islamic Revolutionary Guard Corps ...

Oil prices rose on Tuesday after the United States launched new airstrikes on Iran ahead of the reimposition of a naval blockade, while President Donald Trump abandoned his proposal to charge vessels ...

Venezuela's oil and gas industry has entered a new phase. Following sweeping reforms in the hydrocarbons sector and the geopolitical developments that emerged in early 2026, the central question is ...

Oil prices climbed to their highest levels in four weeks on Tuesday after the United States reinstated a naval blockade on Iran, while renewed military confrontations between Washington and Tehran ...