Oil rises after US launches fresh strikes against Iran
Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.
Oil Rises Amid Concerns Over Supply Disruption in Middle East
Oil rose in early Asian trade amid concerns over supply disruptions in the Middle East.
Oil rises more than a dollar per barrel as US launches fresh strikes against Iran
Oil prices rose more than a dollar a barrel in post-settlement trade on Wednesday after the U.S. military began launching fresh strikes on Iran.
U.S. Crude Oil Stockpiles Post Unexpected Build
U.S. crude oil inventories rose for the first time in 11 weeks, increasing by 3 million barrels, as production and imports increased and exports fell.
Wall Street Breakfast Podcast: Oil Futures Surge On Strikes
U.S. strikes on Iran and the revocation of Iranian oil sales licenses have driven crude oil up 6.3% to nearly $75/barrel. Allstate (ALL) faces a lawsuit from Oklahoma, alleging systematic underpayment and denial of legitimate storm-related insurance claims.
Oil Rises, U.S. Stock Futures Lower as Sentiment Craters
Oil prices rose in early European trade after the U.S. and Iran exchanged a fresh round of tit-for-tat strikes.
VEGOILS Palm rebounds on stronger rival oils, crude oil prices
Malaysian palm oil futures rose on Wednesday, after the previous session's slight decline, supported by stronger rival edible oils and crude oil prices.
US oil prices jump after US military launches strikes against Iran
U.S. oil prices jumped nearly 3% in early trade on Wednesday, extending the previous session's gains, after the U.S. military launched a series of strikes against Iran, heightening concerns that a fragile truce was faltering.
Oil Prices Up As U.S. Cancels Iran's Sales License, Launches Strikes
Oil prices rose on Tuesday following the U.S. government's decision to cancel Iran's license to sell crude and target it with military strikes, as tensions escalated between Washington and Tehran.
ClearView's Kevin Book Says Oil's Upside Risks Are Alive Even as OPEC+ Boosts Output and Hormuz Reopens
“We still see some room for risks to the upside given the state of affairs in the Middle East,” Book said, describing a market where the path back to oversupply remains possible but far from certain.
Rising Gulf Oil Output Sets Stage for Market Share Battle
Persian Gulf oil producers, racing to bring idle wells back online, now face the challenge posed by a surplus of millions of barrels that could sharpen competition for market share.
U.S. Tech Futures Down, Oil Prices Rise on Ship Attacks Near Hormuz
U.S. tech futures fell in early European trade and global artificial intelligence-related stocks weakened as investors reacted to Samsung Electronics' earnings.
