Helima Croft

Oil prices are climbing on Thursday over reports that Chinese refiners banned fuel exports in October

There is reason to believe that once the U.S. midterm elections have passed, President Donald Trump will escalate against Iran

As Iran and the United States work with mediators to end seven months of hostilities, the reality in the Strait of Hormuz is shifting in ways that could prove to be a game-changer in ongoing negotiations

Oil extended losses Wednesday as signs of a continued recovery in Persian Gulf crude exports eased some supply concerns, though risks to regional energy infrastructure and shipping persist

Diesel — which powers delivery trucks, affecting the cost of groceries and other consumer goods — hit a new record high of $6.23 a gallon, up nearly 69 percent

The national average price for a gallon of regular gasoline, $4.31 on Monday, has also risen sharply since the start of the Iran war, by about 45 percent

Diesel — which powers delivery trucks, affecting the cost of groceries and other consumer goods — hit a new record high of $6.23 a gallon, up nearly 69 percent

Diesel — which powers delivery trucks, affecting the cost of groceries and other consumer goods — hit a new record high of $6.23 a gallon, up nearly 69 percent

Saudi Arabia’s crown prince and de facto ruler, Mohammed bin Salman, has spent years trying to build a very different Middle East, with wide-ranging social and economic changes aimed at transforming the ultra-conservative kingdom into a global business hub in a more prosperous and integrated region

The Iran war has lasted far longer than many expected — and so has a functioning oil market

US diesel hits record $6 a gallon on Iran supply shock

What began as a bid for swift victory has become a conflict with no clear endgame

President Donald Trump’s unusual Venezuela oil deal is coming into fuller view, but his plan to use the proceeds to replenish America’s diminished emergency energy supplies remains a head-scratcher

Hormuz crisis keeps supply chains under pressure even as reopening hopes rise

Iran’s rivals in the Gulf don’t like the deal now under consideration to crack open the vital waterway that formalizes Iranian oversight of inbound ships

Regional defence pacts and Houthi attacks deepen Gulf security and market jitters

The Strait of Hormuz is, by some accounts, named for a Zoroastrian deity destined to emerge victorious after a 9,000-year standoff with an adversary

Oil prices tumbled 8% Monday, on pace for crude’s biggest single-day decline since May 25

Oil tankers are increasingly coming under fire on several fronts as economic warfare is deployed as a weapon in the escalating conflicts in the Middle East and Europe

As oil prices hit $100 a barrel on Thursday, experts say they are watching to see which vessels Yemen’s Houthis allow to pass through in the Red Sea as that will indicate how the crude market trends

This declaration was swiftly followed by attacks on two Saudi oil tankers in the Red Sea

Brett McGurk is a CNN global affairs analyst who served in senior national security positions under Presidents George W. Bush, Barack Obama, Donald Trump and Joe Biden

U.S. stock futures fell in early European trade as the global oil benchmark topped $98 a barrel after another night of escalating tensions in the Gulf

The Trump administration put new levies into effect around midnight in Washington

Rubio did not identify the flights, specify how many IRGC personnel were allegedly transported or provide evidence supporting the allegation

International Brent crude oil rose almost 5% to more than $95 per barrel for the first time in almost six weeks

The United Nations’ International Maritime Organization (IMO) has suspended plans to evacuate more than 11,000 sailors stranded in the Strait of Hormuz after a cargo ship transiting the waterway was struck by a projectile

Brent crude was rising slightly Friday after U.S. Vice President JD Vance suspended plans to meet with Iranian representatives, even as more oil tankers passed safely through the critical Strait of Hormuz — a split picture that underscores just how fragile the recently signed U.S.-Iran peace agreement remains

Iran seeks recognition of Hormuz ‘sovereignty’ in high‑stakes end‑of‑war talks

The specific terms of any agreement may evolve, and any diplomatic arrangement may still be delayed, contested or revised

President Trump is draining the Strategic Petroleum Reserve faster than Biden did, with emergency oil stockpiles approaching 1980s levels

Crude pulls back from prior gains amid pause in US military action on Iran

Donald Trump’s Iran war hits Americans with $40bn fuel bill

Global fuel inventories tighten as tensions in the Middle East continue

Exxon Profit Surprises Analysts Despite Iran War’s Tumult

US LNG firms benefit from global shortages, but domestic producers face low prices and output cuts

When the United Arab Emirates (UAE) announced its withdrawal from OPEC and the expanded coalition known as OPEC+, effective May 1, 2026, the immediate reflex was to reach for a technical explanation

Global stock markets surged on Saturday, April 18, 2026, while oil prices dropped sharply after easing geopolitical tensions following a US-Iran ceasefire agreement

AS the conflict entered Day 32 on March 31, 2026, what initially appeared to be a short-term disruption has evolved into a prolonged crisis reshaping global trade, energy flows and supply chain stability

In an extremely promising development for the war in the Middle East and the global economy, Iran agreed to reopen the Strait of Hormuz

Singapore has defended international law, which provides for a stable world order

Investors and policymakers appear to be living in two parallel universes, and there is no sign of them converging anytime soon

The local sharemarket has also been on the rise in recent weeks, if not as enthusiastically as its counterpart across the Pacific

U.S. President Donald Trump announced the blockade on Sunday after weekend peace talks in Islamabad between the U.S. and Iran failed to reach a deal

As Tehran places its naval forces on maximum alert and Washington hardens its stance following failed talks in Islamabad, the risk of direct confrontation is rising

Brent rose above $97 a barrel after slumping 13% on Wednesday, while West Texas Intermediate was near $98

Iran allows safe passage of six Bangladeshi fuel vessels through Strait of Hormuz