Rory Johnson

Tehran warns of deadlier retaliation as Yemen tensions add to regional turmoil

It marks a step towards his goal of extracting energy from the country after US forces captured then-President Nicolás Maduro in a late-night raid in January and brought him to New York on federal drug trafficking charges

Energy ministries begin speculating over how far prices could climb and how extensive a crisis might become

West Texas Intermediate Futures are down since Friday but bounced back some on Tuesday with mixed messaging on a possible Iran deal over the long weekend

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher

Officials have entered ‘all hands on deck’ mode, urgently evaluating options to tame soaring prices

Brent crude has soared nearly 60% in March, closing at $112.78 (£85.43) a barrel on Monday and surging past $115 (£87.11) in early Tuesday trading after an Iranian drone struck a fully loaded Kuwaiti oil tanker at Dubai Port

Oil prices are on track for their largest monthly surge on record as analysts warn the global fuel crisis triggered by the Strait of Hormuz closure will get dramatically worse if the waterway isn't reopened within weeks

Brent crude has soared nearly 60% in March, closing at $112.78 (£85.43) a barrel on Monday and surging past $115 (£87.11) in early Tuesday trading after an Iranian drone struck a fully loaded Kuwaiti oil tanker at Dubai Port

Oil prices are on track for their largest monthly surge on record as analysts warn the global fuel crisis triggered by the Strait of Hormuz closure will get dramatically worse if the waterway isn't reopened within weeks

Brent crude has soared nearly 60% in March, closing at $112.78 (£85.43) a barrel on Monday and surging past $115 (£87.11) in early Tuesday trading after an Iranian drone struck a fully loaded Kuwaiti oil tanker at Dubai Port

Global crude oil prices surged above $100 per barrel recently after military strikes on Iran began on February 28, triggering concerns over supply disruptions in West Asia

Global crude oil prices surged above $100 per barrel recently after military strikes on Iran began on February 28, triggering concerns over supply disruptions in West Asia

Most have pushed even higher in recent days, topping $4.30 at one station near downtown Detroit, where prices are generally among the highest

Across Michigan, gas prices have spiked by 60 cents per gallon over the most recent week analyzed by insurer AAA

Global crude oil prices surged above $100 per barrel recently after military strikes on Iran began on February 28, triggering concerns over supply disruptions in West Asia

The reported demands signal intensifying US pressure on Venezuela over its energy sector and geopolitical alignments