Brent crude on course for largest monthly price rise on record
Cost of oil likely to keep climbing until Strait of Hormuz reopens to shipping
Brent crude on course for largest monthly price rise on record
Cost of oil likely to keep climbing until Strait of Hormuz reopens to shipping Grouped from 3 articles across 3 sources.
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Oil set for record monthly gain – as it happened
This blog is closed – our live coverage continues on a new blog here Donald Trump is weighing a military operation to extract nearly 1,000 pounds (454kg) of uranium from Iran, the Wall Street Journal is reporting , citing unnamed US officials. The mission would likely put American forces inside the country for days or longer, the report says. But the president remains generally open to the idea, according to the officials, because it could help accomplish his central goal of preventing Iran from ever making a nuclear weapon. The combined effect of both waterways being shut to commercial traffic from countries that neither the Iranians nor Houthis favour would be devastating. Napoleon Bonaparte’s remark that “the policy of a state lies in its geography” has never seemed more apt. Continue reading...
Brent oil heads for record monthly surge, WTI settles above $100 for first time since 2022
Oil prices climbed on Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in the U.S.- and Israeli-led conflict with Iran.
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