Business
Military Escalation in the Gulf: Global Oil Markets React as US Strikes Iranian Targets.
17 hours ago
Brent crude prices surged by over 2% following targeted US military strikes in southern Iran. The escalation comes at a sensitive time as diplomatic efforts in Qatar face delays, leaving the global energy market on edge regarding the stability of the Strait of Hormuz.
Economy
Global Oil Markets Tense as US-Iran Ceasefire Negotiations Falter.
May 12, 2026 at 6:29 AM
Oil prices have climbed as diplomatic efforts to resolve the US-Iran conflict show signs of fragility, raising concerns over global supply chain disruptions, particularly in the Strait of Hormuz.
Economy
Global Oil Markets Tumble as Potential U.S.-Iran De-escalation Emerges.
May 6, 2026 at 11:36 AM
International oil prices experienced a sharp decline as Brent crude fell below $100 per barrel following reports of potential diplomatic progress between the U.S. and Iran regarding the Strait of Hormuz.















