Oil surges as Iran closes Strait of Hormuz, equity futures slip
Iran said it has closed the Strait of Hormuz, ending an agreement that had allowed maritime passage, and crude prices...
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
70.091
+1.11%
Diesel Premium Nears $80 Over WTI as Brent Climbs Into a Tense Monday Open
Oil futures head into Monday primed for a jump after weekend missile and drone exchanges between U.S. and Iranian forces....
Gold set to trade the Hormuz escalation as a rates story before a safe-haven one
Gold and silver reopen in Asian trade on Monday into a fresh escalation around the Strait of Hormuz, but the...
Fossil fuels supplied 86% of world energy in 2025 as U.S. oil output hit a record
The world used more energy than ever in 2025, and fossil fuels still supplied 86% of it despite record renewable...
Oil slides to lowest since late winter as Iran diplomacy drains risk premium
Brent crude trades near $72 and WTI below $69, their lowest since late winter, as US-Iran diplomatic progress in Qatar...
