Oil drops after attacks on Saudi pipeline; WTI retreats from $104 high
Oil prices dropped as WTI crude fell from a high of $104.46 to trade around $100, despite fresh attacks on Saudi energy infrastructure.
Oil prices dropped as WTI crude fell from a high of $104.46 to trade around $100, despite fresh attacks on Saudi energy infrastructure.
A personal account of 9/11 and a bus driver's kindness that brought hope.
Houthi forces in Yemen have taken Bab el-Mandeb, pressuring energy routes already hit by Iran's actions at Hormuz.
Oil prices surged above $100 a barrel, boosting Iran's leverage ahead of GCC-Iran talks on Monday.
Houthis claim complete control of Bab el-Mandeb Strait, but independent wire services have not verified the takeover.
A confirmed attack on two vessels near the Strait of Hormuz and unverified satellite images suggesting possible damage to Saudi Arabia's East-West pipeline…
Brent oil rises amid reports of Houthi attack on Saudi pipeline and Iranian missile strikes on vessels in Strait of Hormuz.
Unconfirmed satellite data suggests a possible new strike on Saudi Arabia's East-West pipeline, but no official confirmation has been made.
Crude oil surged to $102 after a report that Iran is producing ballistic missiles again, adding to Middle East supply fears. A drone attack on a Russian…
WTI hit $100 as oil stocks slid, leaving the XLE down 1.1%. The divergence comes amid nine straight days of crude gains and signs of fuel-market strain.
WTI crude rose above $100 for the first time since May, while Brent traded near $105, as investors priced in a protracted US-Iran conflict.
ECB expected to hike 25bps to 2.50%, fully priced in. Focus on Lagarde's tone and updated projections amid energy shock.
Trump promised a $5,000 payout to every US adult if Republicans keep Congress, as a poll showed his approval at a record low 32%.
Construction has surged at a suspected Iranian nuclear site built into a granite mountain, while the US works on a next-generation bunker penetrator.
Top Trump aides have privately warned the Iran war may continue past the president's term, contradicting his public timeline, per WSJ.