XOP’s 43% Rally Hinges on How Fast the Strait of Hormuz Reopens
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is up 43% this year on a Middle East…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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US Strategic Petroleum Reserve falls below 300 million barrels, raising cavern damage concerns
The U.S. Strategic Petroleum Reserve has fallen below 300 million barrels for the first time since it was filled in…
Senegal raises fuel prices as Middle East tensions lift oil markets
Senegal raised regulated fuel prices effective August 15, 2026, lifting super gasoline to 990 CFA francs per liter and diesel…
Iran advances law to control Strait of Hormuz as tanker attacks and US sanctions escalate
Iran's parliament is advancing a law that would let Tehran charge foreign vessels transit fees in the Strait of Hormuz…
Trump tells Americans to accept high gas prices as Iran war drags on
President Donald Trump told Americans to accept continued high gasoline prices as the war with Iran drags on, while Tehran…
