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Searched Tag: global oil markets
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Crude oil prices may spike as Trump considers strikes on Iran

May 23, 2026, 01:54 PM - 2 min read

Mediators from Pakistan have so far managed to prevent the resumption of military strikes, but Trump’s growing frustration with Iran could push the two countries back into conflict.

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Crude oil surges past $110 a barrel

Crude oil surges past $110 a barrel

May 18, 2026, 09:27 AM - 2 min read

Oil markets reacted sharply after drone strikes near the UAE’s Barakah nuclear plant triggered a fire on Sunday. Reports suggest that an Iran-linked proxy was likely behind the attack.

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New oil strategy in wake of Iran strikes?

New oil strategy in wake of Iran strikes?

March 3, 2026, 03:27 PM - 6 min read

Oil isn’t like most commodities. It has shaped global politics for decades and only a few countries have large reserves. Three-quarters of the world’s population live in countries dependent on oil imports for cars, trucks and other uses. Any serious disruption to tanker traffic in the Gulf would send shockwaves through global oil markets and threaten economic stability.

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