Iran Threatens to Extend War if US Strikes Again
Iran issued a stark warning to extend regional conflict beyond the Middle East if the U.S. launches further attacks.
20 May 2026
US Eases Russian Oil Sanctions Amid Iran Conflict
The US eased Russian oil sanctions to counter Iran-related price surges and dropped fraud charges against a billionaire.
19 May 2026
Iran Sanctions Off: Trump Cites Negotiations, Markets React
President Trump paused planned Iran strikes after speaking with Qatar and Saudi leaders about ongoing negotiations.
19 May 2026
Global Stocks Slide as Oil Jumps and Rate-Hike Bets Rise
Global markets declined due to inflation fears from Middle East tensions, driving up oil prices and increasing US interest rate hike expectations.
15 May 2026
Asian shares tumble as Treasury yields hit year highs again
Asian shares fell sharply on May 15 as investors reassessed tech-led gains amid rising U.S. Treasury yields and surging oil prices.
15 May 2026
Saudi Influence Key as US Pauses Hormuz Naval Mission
The U.S. has suspended a key naval operation in the Strait of Hormuz, a move aimed at fostering a peace deal with Iran that has rattled regional allies.
06 May 2026
Oil Swings Threaten Global Trade
Oil price volatility, fueled by Middle East conflicts, will significantly reduce global merchandise trade growth by late next year.
06 May 2026
Mideast Power Plays: New Alliances Emerge
Escalating Middle East tensions are driving geopolitical shifts, increased defense spending, economic instability, and new regional alliances.
06 May 2026
Global crude stockpiles fell by nearly 200mn barrels in April amid Middle East supply disruptions
Global crude oil reserves hit record lows in April amid Middle East conflict and supply strains, despite reduced demand.
06 May 2026
US and Iran Forces Clash in Volatile Strait of Hormuz
U.S. forces sink Iranian fast-attack boats in the Strait of Hormuz, marking a significant escalation in the ongoing military standoff.
05 May 2026
US Strikes Iranian Vessels Amid Gulf Escalation
The US struck Iranian vessels in the Strait of Hormuz following reported attacks on UAE oil facilities and ships, escalating tensions in the critical waterway.
05 May 2026
US Refutes Iranian Claim of Missile Hit on Naval Vessel
US Iran tensions soared after a false report of a missile strike on a US naval ship, causing market volatility before an official American denial.
04 May 2026
OPEC+ Raises June Output Amid UAE’s Shock Departure
The OPEC+ alliance will modestly increase oil production in June, a decision overshadowed by the UAE's recent exit and independent energy strategy.
03 May 2026
US Gasoline Prices Jump 33 Cents in an Unprecedented Week
US gasoline prices have soared, with the national average hitting $4.39 a gallon amid global supply shocks and falling domestic inventories.
02 May 2026
UAE's OPEC Exit: A New Era for Global Oil?
The UAE's exit from OPEC is projected to increase global oil supply, potentially lowering prices and aligning with US strategic interests.
01 May 2026
Iran Proposal Offers Path to De-escalate US Conflict
Tehran has submitted a new Iran proposal to restart talks with Washington, offering a revised framework to end a tense economic and military standoff.
01 May 2026
Oil Surges on Prolonged Iran Blockade Fears
Oil prices hit $120/barrel amid US blockade on Iran, signaling Strait of Hormuz disruption & global economic impact.
30 Apr 2026
Hormuz Crisis: Inflation Soars, Global Growth Stalls
Strait of Hormuz disruptions have pushed oil and fuel prices higher, lifted inflation pressure, and lowered global and US GDP forecasts.
29 Apr 2026
Oil Surge Fuels BP's $3.2 Billion Q1 Profit Leap
BP Q1 profit rose to $3.2bn, beating expectations, as Brent neared $110 and oil trading gains offset flat upstream output.
28 Apr 2026
Saudi Arabia warns US blockade against Iran may backfire
Saudi Arabia warns the US Iran port blockade may spur wider maritime disruption after Hormuz closure cut 13 million bpd and pushed oil above $100.
14 Apr 2026
