Oil Markets
Tehran Strikes Expose Civilian Infrastructure Damage as Oil Hits $91
Joint US-Israeli strikes on Iran have killed over 1,300 people and hit schools, hospitals, and historic sites, while satellite imagery reveals extensive targeting of police stations in dense urban areas—raising legal questions as crude prices surge to their highest level since late 2022.
Saudi Arabia Accelerates Iran Diplomacy as Strait of Hormuz Closure Threatens Vision 2030
Riyadh deploys backchannels to contain US-Israel war with Iran, shielding $2 trillion economic transformation from regional spillover.
Iran’s Street: Economic Pain, Not Ideology, Drives Public Sentiment as War Escalates
Direct accounts from inside Iran reveal a population torn between economic collapse and regional conflict, exposing the gap between Tehran's defiance and civilian exhaustion.
Fed’s Hammack Warns Oil Shock Demands Prolonged Inflation Fight as Stagflation Specter Returns
Cleveland Fed president signals hawkish stance as crude approaches $93, reviving 1970s-era policy dilemma with weak jobs data.
Drone Penetrates Iraqi Air Defenses, Ignites Oil Facility Fire
A second successful drone strike in 24 hours on Basra infrastructure exposes vulnerability in legacy defense systems as regional energy war escalates.
Tehran Enters Seventh Day Under Bombardment as Oil Nears $93
US-Israeli strikes have killed over 1,300 Iranians including Supreme Leader Khamenei, triggering regional counterattacks and the sharpest oil price surge in years.
Oil Could Hit $150 Within Weeks as Hormuz Closure Chokes Gulf Exports
Qatar's energy minister warns crude may surge to $150 per barrel as Kuwait shuts production and the Strait of Hormuz remains effectively closed, disrupting 20% of global oil supply.
Lammy Declares UK Strikes on Iran Lawful as Oil Hits $85 and Hormuz Premiums Surge 400%
Deputy Prime Minister invokes Article 51 self-defence doctrine while Brent climbs to 15-month high and war risk insurance for tankers quintuples in 48 hours.
Insurers Abandon Gulf Energy Lifeline as Strait of Hormuz Nears Total Shutdown
War risk premiums surge to 1% of vessel value as Iran's closure of the world's most critical oil chokepoint strands 150 ships and threatens 20% of global petroleum supply.
Chip Stocks Sink as Oil Surges Past $83, Raising Inflation Fears
Semiconductor sector led Wednesday's selloff on export restrictions and Middle East energy shock—a divergence that threatens Federal Reserve rate-cut expectations.
US-Venezuela Reset Reshapes Oil Markets and Regional Power Balance
The thaw follows Maduro's capture and could unlock 303 billion barrels while challenging China's $60 billion Latin America foothold.
Israel Assassinates Iran’s Supreme Leader After Months of Planning, Gallant Reveals
Former Defense Minister confirms systematic preparation since July 2023 preceded joint U.S.-Israeli strike that killed Ayatollah Khamenei and triggered regional war.