Crude Surges Past $100 as Middle East Escalation and War Strains Threaten Global Supply

Crude oil prices are surging past the psychologically critical $100 per barrel mark, with further increases likely as hopes for a swift diplomatic resolution to the Middle East conflict fade. Despite President Trump's continued optimism regarding a quick path to peace, energy markets remain vol…

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Strait of Hormuz Crisis: Iran-U.S. MoU Expires as Missile Threats Drive Oil Prices Higher

The Memorandum of Understanding between Iran and the United States technically reached the end of its 60-day window for a deal on Monday. Even during that timeframe, both sides declared the arrangement being dead on multiple occasions, while continuing to communicate through intermediaries. Addressi…

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U.S. and Iran Dig In, Sending Oil Prices Soaring

Oil prices are climbing once again as market optimism fades in the face of entrenched positions from both warring sides. Prices for WTI and Brent have risen substantially over recent days, tracking the escalating rhetoric between the United States and Iran, alongside compounding supply pressures as…

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President Trump Targets Big Oil Over War Profits as Middle East Tensions Rattle Markets

With the mid-term elections in the United States just three months away, President Trump suddenly turned his focus inward recently, singling out major oil companies Chevron, ExxonMobil, and Aramco for making exorbitant profits at the expense of average U.S. consumers. The three companies posted mas…

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China’s Manufacturing PMI Shrinks Again as Economic Challenges Multiply

According to the latest data from China's National Bureau of Statistics, the country's manufacturing sector contracted in July due to a range of factors. China's manufacturing purchasing managers' index fell from 50.3 in June to 49.2 in July, registering a drop of 1.1 point. In addi…

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As U.S.-Iran Conflict Enters Sixth Month, Falling Demand Offsets Middle East Supply

Following the outbreak of fresh hostilities between the United States and Iran, oil prices spiked rapidly. However, despite supply disruptions, threats to life, and severe congestion in the Strait of Hormuz, prices stayed well below the forecasts of analysts and investment bankers.  When President T…

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Is President Trump closer to a decisive military intervention in Iran and secure a third term?

President Donald Trump recently raised eyebrows after donning a Trump 2028 hat at the White House Correspondents' Dinner while publicly hinting at an interest in running for a third term.  His recent posts on Truth Social, his own social media platform,  further signal a sharp focus on military …

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President Trump Eyes World Cup Final While U.S.-Iran Conflict Escalates

Tensions between the United States and Iran escalated sharply on Saturday following a combined drone and missile strike by Iran on U.S. military bases in Jordan, which resulted in the deaths of two U.S. servicemen and left several other soldiers with serious injuries.  In retaliation, U.S. Central C…

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United States and Iran back at War: oil prices rise by over 10%

The United States and Iran are back at war. The Memorandum of Understanding that President Trump once described as a test of the Islamic Republic's commitment to peace is now in tatters. In the long run, this collapse could severely backfire on Vice President JD Vance, the chief architect of th…

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Oil reserves hit critical red zone as US-Iran conflict parches global supply

The United States significantly increased military pressure on Iran by launching targeted strikes against multiple military installations, including radar stations, speedboats, and missile storage facilities. This military action followed an incident where a Qatari-owned tanker came under alleged Ir…

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