Yemen fuel price hikes deepen hardship as transport costs rise | Oil and Gas News
Mukalla, Yemen – When Abdullah Salem raised his fare by 100 Yemeni riyals ($0.06) on a routine afternoon trip from…
Tag: Oil
Wall Street’s new acronym bets on prolonged oil shock
Traders are embracing the “NACHO” trade, a new Wall Street acronym for “Not A Chance Hormuz Opens.” as investors grow…
Oil prices jump as US, Iran trade fire in Strait of Hormuz | Oil and Gas News
Brent crude rises amid clashes in critical waterway. Published On 8 May 20268 May 2026 Oil prices have jumped after…
China's Invisible Hand Is Rebalancing the Oil Market
Facing an unprecedented shortage, the oil market is pulling every available lever to rebalance supply and demand. Some are well…
Why Oil May Hit $90 in Truce or $150 in Escalation
There are scenarios for oil prices based on how long the Iran war lasts, according to Jacky Tang, emerging markets…
Oil prices rise after US and Iran exchange fire in Hormuz strait
The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April. www.bbc.com #Oil #prices #rise #Iran #exchange…
Trump Rejects Need for Curbs on Oil Exports After Trade Surge
President Donald Trump said there’s no need for curbs on US oil or jet fuel exports to address global shortages…
Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs
Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in…
Asia Heat Waves Spell Double Trouble for Economies Hit by Oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Niño…
Oil Jumps Following Fresh Clashes Between US and Iranian Forces
Oil jumped following renewed clashes between US and Iranian forces, jeopardizing the outlook for a deal to end the 10-week…