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Oil and LNG Shipping Rates Soar as Iran Threatens Strait of Hormuz Closure

Global oil and gas shipping costs surged to record levels as Iran vowed to close the Strait of Hormuz, rattling energy markets. Supertanker rates in the Middle East hit all-time highs after

03/03/2026

Finance

Aston Martin Job Cuts Signal Urgent Shift in Luxury EV Strategy

Aston Martin is cutting 20% of its workforce after net losses surged more than 50% last year, deepening concerns over its financial stability. The Gaydon-based carmaker blamed mounting pressure on U.S. tariffs

02/03/2026

Finance

Oil Surges, Stocks Slide, Dollar Rallies as Middle East Conflict Escalates

Oil prices jumped sharply Monday as widening conflict in the Middle East fueled safe-haven demand and rattled global financial markets. Brent crude surged 8.3% to $78.50, briefly topping $82, while U.S. crude

02/03/2026

Finance

Keystone XL Revival Plan Awaits Trump Approval Amid Pipeline Expansion Race

Canadian firm South Bow has proposed reviving parts of the cancelled Keystone XL pipeline, potentially boosting Canada’s U.S. crude exports by more than 12%. The project requires approval from President Donald Trump

02/03/2026

Technology

Dollar Surges as Iran Conflict Sparks Safe-Haven Rush, Oil Spike

The U.S. dollar climbed Monday as escalating strikes between the U.S., Israel, and Iran triggered safe-haven demand and pushed oil prices higher. Investors are monitoring tensions around the Strait of Hormuz after

02/03/2026

Economy

Goldman Sachs Lifts 2026 Oil Price Outlook on Tighter OECD Inventories

Goldman Sachs raised its fourth-quarter 2026 oil forecasts, citing lower OECD inventories despite maintaining expectations of a global surplus. The bank increased its Brent outlook by $6 to $60 per barrel and

23/02/2026

Finance

Oil Near Six-Month High as US-Iran Tensions Drive Weekly Gain

Oil prices hovered near six-month highs on Friday, heading for their first weekly advance in three weeks amid escalating U.S.-Iran tensions. Brent crude slipped 0.35% to $71.41 a barrel, while U.S. West

20/02/2026

Finance

Oil Prices Rise as Russia-Ukraine Talks Stall and US-Iran Tensions Persist

Oil prices climbed more than 1% on Wednesday as traders weighed geopolitical risks surrounding Russia-Ukraine negotiations and ongoing U.S.–Iran discussions. Brent crude rose 1.2% to $68.20 a barrel, while U.S. WTI gained

18/02/2026

Finance

Reliance Secures 2M Barrels of Venezuelan Oil in First Deal in Nearly a Year

Reliance Industries has purchased 2 million barrels of Venezuelan crude oil from trader Vitol, trade sources confirmed, marking the company’s first such buy in about a year. The cargo is set for

05/02/2026

Economy

Shell Misses Q4 Profit Forecast but Maintains Aggressive Buybacks

Shell fell short of fourth-quarter profit expectations as weaker oil prices weighed on results, but the energy major kept its share buyback programme intact, easing concerns over shareholder returns. Adjusted net profit

05/02/2026

Finance

oil - Page 7

Oil and LNG Shipping Rates Soar as Iran Threatens Strait of Hormuz Closure

Aston Martin Job Cuts Signal Urgent Shift in Luxury EV Strategy

Oil Surges, Stocks Slide, Dollar Rallies as Middle East Conflict Escalates

Keystone XL Revival Plan Awaits Trump Approval Amid Pipeline Expansion Race

Dollar Surges as Iran Conflict Sparks Safe-Haven Rush, Oil Spike

Goldman Sachs Lifts 2026 Oil Price Outlook on Tighter OECD Inventories

Oil Near Six-Month High as US-Iran Tensions Drive Weekly Gain

Oil Prices Rise as Russia-Ukraine Talks Stall and US-Iran Tensions Persist

Reliance Secures 2M Barrels of Venezuelan Oil in First Deal in Nearly a Year

Federal Reserve Bolsters Banking Stability for U.S. Economy

Crypto Market Plunge: Bitcoin, Ether See Sharp Weekly Drop

MicroStrategy Sells Bitcoin, Shifting Market Dynamics

Seattle Light Rail Achieves Top US Ridership with 2 Line Boost