Trump Says Iran Truce Extension Unlikely, Oil Jumps, Stocks Fall
Trump Says Iran Truce Extension Unlikely, Oil Jumps, Stocks Fall Bloomberg
Trump Says Iran Truce Extension Unlikely, Oil Jumps, Stocks Fall Bloomberg
Deutsche Bank’s analysts highlight sharp Brent Oil volatility as Iran tensions and Strait of Hormuz disruptions drive price swings. They note Brent crude rebounded after a steep Friday selloff, but remains sensitive to ceasefire headlines and shipping probabilities.
Crude oil loadings from Saudi Arabia&;s Yanbu port declined 17% to about 3.5 mln BPD in the week beginning April 13th - shipping data.| FJ
European Oil Refiners See Record Weekly Gain for Gasoline Margin Bloomberg
Source: Yahoo Finance
In the 1970s, the United States and other OECD countries established strategic oil stocks aimed at mitigating the impact of supply disruptions. In March 2026, the United States, along with other members of the International Energy Agency, agreed to a coordinated emergency release of strategic oil st
Market Talk: Markets 'are looking through to the end of the oil crisis' Reuters
IEA&;s Birol: IEA oil reserves could be tapped again if needed.| FJ
Kuwait declares force majeure on oil shipments amid Hormuz blockade, Bloomberg News reports Reuters
Source: Yahoo Finance