Saudi Oil Tankers Cross Strait Of Hormuz After U.S.-Iran Deal
According to shipping data from Kpler, the vessels resumed visible tracking after remaining off public monitoring systems for more than two months
Energy
IEA Cuts Oil Demand Forecast As Energy Markets Shift
According to the IEA’s latest monthly report, global oil demand growth for 2026 has been sharply downgraded after fuel shortages and elevated energy prices reduced consumption
Why Are Senate Democrats Opposing A West Coast Oil Reserve
Sens. Alex Padilla and Patty Murray wrote to Energy Secretary Chris Wright, requesting that the Department of Energy stop work on the project until Congress authorizes it
Trump Team Cuts $4 Million In Pro-Illegal Immigrant, DEI, And Green Energy Services
Led by Secretary Doug Burgum, the department determined the agreements were “operating in direct opposition” to its mission, according to a press release obtained by Fox News Digital.
Crude Prices Drop Sharply Following Reports On New Iran War Deal
Brent crude dropped about 5% to below $83 per barrel, while U.S. crude fell more than 5% to around $80.
The Breakthrough
Pressure brought Iran to terms and stopped a war. Turning that into a lasting peace is the work ahead.
Oil Slides As Traders Price In A Hormuz Reopening
Crude fell sharply on the deal signal, though the strait stays shut and the blockade remains until any agreement is signed.
Inflation Jumps To A Three-Year High On The Energy Shock
May prices rose 4.2 percent from a year earlier, almost entirely on fuel, leaving the Fed boxed in before next week's meeting.
Wall Street Tumbles As Inflation And War Hit At Once
The Dow sheds more than 900 points after a three-year-high inflation print collides with the Gulf escalation.
Oil Climbs Again As The Strikes Revive Supply Fears
Crude jumps in early trading after the second night of attacks, with the risk premium back in an already tight market.
Solar Power Surpasses Wind In U.S. Clean Energy Milestone
According to the American Clean Power Association’s latest market report, utility-scale solar capacity has now surpassed wind power, helping push total U.S. clean energy capacity beyond 370 gigawatts.
Oil's Brief Retreat Ends As The Hormuz War Reignites
Crude had eased on hopes of a reopening deal, but the overnight strikes revive the supply-shock premium.
Tehran Tries To Put A Price On The Strait of Hormuz
Iran signals it will reopen the chokepoint only on its own terms, including a transit fee, keeping a risk premium under oil.
Analysts Warn Oil Prices May Rise Despite China’s Demand Slowdown
China cut crude imports from 11.7 million barrels per day in February to less than 9 million barrels per day by late May
IATA Warns Jet Fuel Spike Could Slash Airline Earnings
IATA Director General Willie Walsh said the conflict involving the United States and Iran has pushed oil and jet fuel prices sharply higher
Iran-Israel Conflict Sparks Sharp Rise In Global Oil Markets
Brent crude rose more than 4% to around $97 per barrel, while U.S. West Texas Intermediate crude gained over 4% to trade above $94 per barrel.