Over the last month, the U.S. and Iran have agreed to a ceasefire, and Brent crude oil prices have fallen to around $70 per barrel. For investors looking to add energy stocks, the recent sell-off in oil stocks presents an opportunity Two top players in the oil space
Iran was struggling to sell its crude to buyers in Asia outside China even before the U.S. rescinded overnight the sanctions waiver that allowed Tehran to sell its oil without penalties. The Iranian attacks on three commercial vessels in the Strait of Hormuz on Tuesday pro
Thin tanker traffic through the Strait of Hormuz continued early on Wednesday despite the fresh flare-up in the Middle East, but more vessels appear to be reconsidering moving toward the chokepoint after the U.S. and Iran traded new attacks overnight. At the time of writin
Crude prices climb sharply as U.S.-Iran hostilities threaten global supply stability amid fragile diplomatic conditions. Crude oil futures jumped over 6% in overnight trading after U.S. President Donald Trump declared the end of a fragile truce with Iran, citing renewed mi
U.S. tech giants attend Calgary Stampede as Alberta targets C$100 billion in data center investments amid power advantages. Alberta is courting U.S. tech firms with a C$100 billion data center investment target, leveraging cheap natural gas and cold climate to address powe
Vessel-tracking data shows at least four oil and LNG tankers abandoned Strait of Hormuz transits after Iranian attacks on commercial ships. At least four oil and LNG tankers reversed direction in the past 12 hours after Iranian forces attacked three commercial vessels in t
Oil futures surge after U.S. and Iran exchange strikes, raising concerns over Middle East supply disruptions. Crude oil futures rose over 2% in overnight trading as fresh military strikes between the U.S. and Iran heightened supply risks. Iran targeted U.S. military sites
Oil prices retreat despite escalating Middle East tensions after Iran vows retaliation for US airstrikes in the Strait of Hormuz. West Texas Intermediate crude fell to $71.70 per barrel Wednesday, erasing earlier gains as geopolitical risks competed with expectations of ri
Geopolitical tensions in the Gulf push crude prices higher after Iran targets commercial vessels and the US revokes sanction waivers. Brent crude surged to $76.58 per barrel and West Texas Intermediate climbed to $72.74 after Iran attacked three commercial vessels near the
Oil prices surge as US military action and sanctions escalate tensions, threatening supply routes in the Strait of Hormuz. West Texas Intermediate crude climbed to $72.20 per barrel in Asian trading after the US conducted airstrikes on Iran and canceled a sanctions waiver,
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