Tag: oil

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Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers

CHICAGO – Oil prices have seen a significant rise in early trading this Sunday, largely influenced by a tense standoff between Iran and the...

US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial

WASHINGTON – In a significant policy shift, the U.S. Treasury Department announced on Friday that it will extend its pause on sanctions affecting Russian...

Gas prices fall for second day as Iran ceasefire eases oil pressure

Have you noticed how gas prices seem to fluctuate more than ever? It's not just a random phenomenon; there are several factors at play,...