Economy
Global Oil Price Volatility: Why Geopolitical Tensions and Market Dynamics Hit Consumers Hard.
May 13, 2026 at 12:40 AM
An in-depth analysis of why crude oil price fluctuations do not translate uniformly to retail pump prices, focusing on the refining process, the role of the Strait of Hormuz, and the economic burdens placed on emerging economies.
Global News
Global Oil Markets Retreat as U.S. Halts Strait of Hormuz Escort Initiative.
May 6, 2026 at 11:42 AM
Crude oil prices have dipped, with WTI falling below $100, following President Trump's decision to pause the 'Project Freedom' escort plan in the Strait of Hormuz amid signs of potential diplomatic progress with Iran.
International News
Global Oil Markets Ease as Iran Reopens Vital Strait of Hormuz During Ceasefire.
April 17, 2026 at 3:51 PM
Global oil prices dropped significantly after Iran announced the reopening of the strategic Strait of Hormuz to commercial shipping for the duration of the ongoing ceasefire.














