Tag: oil prices
Iran Declares ‘Full-Scale War’ as US Expands Airstrikes
Agence France-Presse (AFP) reported on July 20 that the conflict between the United States and Iran was...
Oil Flows Again Through the Strait of Hormuz as the US and Iran Contradict Each Other Over Nuclear Inspections
Oil is again moving through the Strait of Hormuz in large volumes, weeks after the United States and...
Trump Touts a Toll-Free Strait of Hormuz as the US–Iran Deal Defers Its Hardest Questions
President Donald Trump spent June 24 laying out terms of the agreement that paused the Iran war. In a...
Middle East Tensions Rise as Israel Strikes Beirut and Iran Launches Missiles
Middle East tensions are showing signs of escalation once again. According to NBC on June 7, Iran launched...
Trump Says Iran Will Not Obtain Nuclear Weapons as Oil Price Fears Ease
According to a report by Axios, Steve Witkoff, U.S. President Donald Trump’s envoy for Iran affairs,...
Trump Admits Heated Call With Netanyahu Over Lebanon Escalation
On Wednesday, June 3, U.S. President Donald Trump confirmed in an interview on the New York Post podcast...
US–Iran Ceasefire Extension and Nuclear Talks Show Signs of Breakthrough
According to an Associated Press report on May 28, diplomatic contacts between the United States and...
US-Iran Talks Advance But Tehran Says Final Deal Still Far Off
According to AFP on May 26, as negotiations between the United States and Iran over tensions in the Middle...
Taiwan April Export Orders Jump 48.1% on AI Boom, Hit Record High
According to Taiwan's Ministry of Economic Affairs, benefiting from strong AI demand, Taiwan’s export...
Oil Markets on Edge as Analysts Warn of Possible Global ‘Scramble for Crude’
Global energy markets are increasingly bracing for the possibility of a major supply crisis as tensions...
Tehran Reports Air Defense Activity Amid US–Iran Ceasefire Tensions
Iranian state media reported on Thursday, April 23 that unusual developments were observed in Tehran...
US Blockade of the Strait of Hormuz Cuts Iran Oil Flow, Raises Pressure on China’s Energy Supply
On April 13, the U.S. military imposed a naval blockade sealing the Strait of Hormuz, the narrow waterway...