by Srikanth Are | May 5, 2026 | us/israel-iran war
⚡ US / Israel–Iran War · Crude Market Update Last Updated: 05 May 2026 Crude Oil Market UpdateIran hit several ships in the Strait of Hormuz, setting a UAE oil port ablaze and provoking a response from the US military, which destroyed six Iranian small boats and...
by Srikanth Are | May 5, 2026 | us/israel-iran war
⚡ US / Israel–Iran War · Crude Market Update Last Updated: 04 May 2026 Crude Oil Market UpdateThe US President Trump announced the US would assist ships stranded in the Strait of Hormuz, but the lack of a US-Iran peace deal kept the market supported.The OPEC+...
by Srikanth Are | May 4, 2026 | us/israel-iran war
⚡ US / Israel–Iran War · Crude Market Update Last Updated: 01 May 2026 Crude Oil Market UpdateThe US is seeking to loan energy companies up to 92.5 mln bbl of crude from the Strategic Petroleum Reserve as part of a global agreement aimed at calming oil markets rattled...
by Srikanth Are | May 4, 2026 | us/israel-iran war
⚡ US / Israel–Iran War · Crude Market Update Last Updated: 29 Apr 2026 Crude Oil Market UpdateThe UAE decision to leave OPEC will significantly reduce the 65-year-old producer group's influence over the oil market, potentially triggering a price war among Gulf...
by Srikanth Are | Apr 28, 2026 | us/israel-iran war
⚡ US / Israel–Iran War · Crude Market Update Last Updated: 28 Apr 2026 Crude Oil Market UpdateThe US President Trump is unhappy with Iran's latest proposal to resolve the ongoing war, dampening hopes for a resolution. Iran's proposal would set aside discussion...