Oil Prices

US Waives Iran Oil Sanctions to Ease Price Surge

by
A split-image collage showing Donald Trump on the left and multiple oil tanker ships sailing at sea during a vivid orange sunset on the right, symbolizing US decision to waive Iran Oil Sanction amid rising oil prices.

US Waives Iran Oil Sanctions to Ease Price Surge The Trump administration has temporarily waived sanctions on certain Iranian oil shipments for 30 days. It happened with the aim to the ease soaring global energy prices that were triggered by the ongoing US-Israeli conflict with Iran. The decision was announced by the Treasury Secretary Scott … Read more

Oil Prices Jump After Strait of Hormuz Attacks

by
The Image shows an oil pumpjack in a desert at sunset next to a map of the Strait of Hormuz, highlighting key global oil shipping routes affected by rising geopolitical tensions.

Oil Prices Jump After Strait of Hormuz Attacks Global oil prices have surged sharply on Monday after multiple vessels came under attack near the Strait of Hormuz. It intensified fears of supply disruptions as Iran escalates military strikes across the Middle East. The vital waterway, which carries nearly 20% of the world’s oil and gas … Read more