OPEC+ Opts for Modest Output Hike as Oil Prices Rise 1% Amid Global Economic Concerns
Oil prices climbed about 1% on Monday after OPEC+ announced a smaller-than-expected production increase of 137,000 barrels per day for…
Oil Prices Hold Firm Amid Strong U.S. Jobs Data and Tariffs
Oil prices stayed steady as strong U.S. job data hinted at robust energy demand, while rising U.S.-China tariff tensions capped…
The Strait of Hormuz is a critical energy chokepoint, with India heavily reliant on its oil passage. Escalating Iran-Israel tensions…
Israel’s Airstrikes On Iran Trigger Oil Market Surge
Ongoing conflict between Houthi rebels and commercial vessels has already cut Red Sea transits by 60% since late 2023, according…
