Iranian media report unconfirmed drone strike on US warehouses in Saudi Arabia as oil eases
Iranian state media reported a drone strike on U.S. Army logistics warehouses in Saudi Arabia early Friday, though no official...
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Dow drops more than 500 points as oil spike and weak megacap earnings hit stocks
The Dow Jones Industrial Average fell more than 500 points on Thursday, its fifth losing day in six, as a...
Hormuz Tanker Traffic Falls to One Crossing as Oil Holds a Weekly Gain
Just one oil tanker crossed the Strait of Hormuz on Thursday, the fewest since May 7, as an escalating U.S.-Iran...
US begins importing Iraqi fuel oil through Syria for the first time
The United States has started importing Iraqi fuel oil shipped through Syria, the first time U.S.-bound cargoes have left from...
Oil’s decline pressures bond markets and AI firms’ cash flow, Reuters reports
Falling oil prices are pressing on global bond markets and raising concern about the cash flow of AI-focused technology firms,...
