oil
11 articles
Goldman Alarm Meets an $81 Forward Floor as Hormuz Cycle Hardens
Goldman warns global oil stocks are approaching an eight-year low while the options strip holds Brent above $81 into mid-2027. Bank research and market pricing have converged.
Japan, South Korea Deepen Crude Pact as Hormuz Risk Weighs on Asia
Tokyo and Seoul are coordinating Gulf crude purchases and emergency stocks even as oil prices ease on the Trump strike pause, signaling Asian refiners are still pricing the next Hormuz disruption.
Xi Pledges No Arms to Iran, Backs Hormuz Opening in Trump Summit
Trump says Xi Jinping promised not to arm Iran and offered to help reopen the Strait of Hormuz, with the White House confirming a first joint US-China position on the blockade.
Iran Retains 70% of Missile Stockpile, ISW Warns of Rebuilt War Capacity
ISW assessed that Iran has restored access to 30 of 33 Hormuz-region missile sites and retains roughly 70% of its pre-war stockpile, as IRGC launches major exercises and rejects the US peace plan as surrender.
Trump Weighs Resuming Combat as Iran Ceasefire Hangs by Thread
Trump is more seriously considering resuming combat operations after Iran's ceasefire counterproposal — demanding reparations and Hormuz sovereignty — was rejected as garbage.
US Sanctions 12 Entities Routing Iranian Oil to China
Treasury designates 12 front companies across Hong Kong, UAE, and Oman as Bessent links Beijing's energy purchases to Iranian terrorism financing.
Iran Launches Hormuz Toll Agency, Charges $2M Per Ship
Iran's new Persian Gulf Strait Authority demands up to $2M per vessel to transit Hormuz, forcing shipping operators into a legal collision with U.S. secondary sanctions.
Oil Crashes 7.8%, S&P 500 Hits Record as Iran Deal Hopes Build
Brent crude tumbled to $101.31 and U.S. stocks ripped to record highs Tuesday as Iran's IRGC Navy reopened Hormuz to safe passage and U.S.-Iran memorandum talks advanced.
Iran Strikes UAE for First Time Since Ceasefire, Fujairah Refinery Burns
Iran attacked the UAE on May 4 for the first time since the April 8 ceasefire, igniting a fire at the Fujairah oil export hub and striking an ADNOC tanker — threatening the last major bypass route for Gulf crude.
Brent crosses $126 intraday as Trump rejects Iran's Hormuz proposal
Brent briefly traded above $126 Thursday before settling near $120 after the president rejected Tehran's offer to lift the Hormuz blockade in exchange for delayed nuclear talks.
What an Iran flare-up actually does to gas prices, the wallet, and the polling booth
Crude oil moves 10% on the headline. The pump moves 4%. Why the spread, why it lags, and how voters respond to gas-price spikes during a foreign-policy crisis. The honest answer is messier than either party suggests.