Iran conflict
Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war
Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.
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Oil and natural gas prices are surging globally as geopolitical conflicts in the Middle East and Ukraine threaten supply routes through the Strait of Hormuz and disrupt refinery operations. These rising energy costs are driving up fuel prices for consumers, fueling cost-of-living protests across Europe, and boosting record profits for major oil companies. Investors and policymakers are now closely monitoring whether diplomatic efforts to secure new supplies can stabilize markets or if further escalations will continue to constrain energy availability.
3 stories say getting worse
Reported by several outletsReader odds appear once enough people forecast · resolves automatically from reported evidence.
Iran conflict
Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.
Iran conflict
The rebound in oil prices come a day after the U.S. and Iranian presidents signalled they are open to a diplomatic solution to Iran war.
Oil fell Monday, amid news that both the U.S. and Iran are pursuing diplomacy amid ongoing Mideast tensions
Gas & oil
Soaring freight rates are giving tankers a big financial incentive to run the gauntlet through the Strait of Hormuz.
Ukraine
The US is reportedly considering ways to convert "dark tankers" into legitimate vessels, allowing them to transport crude oil that is not subject to sanctions.
Gas & oil
The US is reportedly considering ways to convert "dark tankers" into legitimate vessels, allowing them to transport crude oil that is not subject to sanctions.
Gas & oil
The EPA projects Trump’s methane rollback would only lower 2027 U.S. crude prices 11 cents a barrel, while lifting domestic oil output 0.09%.
Gas & oil
The 30-share BSE Sensex dropped 352.64 points, or 0.48%, to settle at 73,246.03, recovering most of its sharp intraday losses. During the day, it tumbled 995.1 points, or 1.35%, to 72,603.57
Gas & oil
President Donald Trump and Secretary of State Marco Rubio on Tuesday plan to show off a newly arrived oil tanker filled with Venezuelan crude to be processed in Texas refineries.
Gas & oil
30-share BSE Sensex declines 281.95 points to 73,316.21; 50-share NSE Nifty falls 63.15 points to 22,694.60
Iran conflict
U.S. President Donald Trump accused Iran on Thursday of trying to manipulate the oil market.
Iran conflict
Oil extended its rally on Tuesday as investors continued to monitor developments in the Middle East.
Gas & oil
A visit to India this week by Washington's top diplomat will skip New Delhi and instead include the world's largest oil refinery, which processes massive amounts of Russian crude. Is Trump looking for a new deal?
Gas & oil
The vessels, each carrying about two million barrels of crude oil, used an unauthorised route, the IRGC says.
Odds move when a signpost is confirmed by the news.
U.S. crude oil prices rose sharply Friday as Iran escalated attacks in the Strait of Hormuz this week.