Oil falls on report Asia will import highest volume of crude since start of Iran war

Oil fell Thursday, as traders assess a report that Asia is on track to import its highest volume of crude oil since the start of the US-Iran war.

Bank of America raises its oil price target with strong warning

Bank of America raised its Brent oil price target to $95 and warned prices could top $150 if Iran war supply disruptions last into spring 2027.

Gulf Nations Have Found Ways to Keep Oil Flowing Through the Iran War, but the Costs Are Mounting

At the start of the Iran war, many feared that Tehran's closure of the Strait of Hormuz would send oil prices through the roof and throttle the global economy

Oil rises amid worries of growing Iran-U.S. tensions after Bessent issues Iranian airline shutdown warning

Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.

Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports

Oil prices rose on Monday after Yemen's Iran-backed Houthis launched missile and drone strikes at Saudi Arabia's capital Riyadh on Saturday, escalating tension in the Middle East while the US and Iran remained in stalemate.

Iran's parliamentary speaker is taunting the Fed for its inability to bring down oil prices

Mohammad Bagher Ghalibaf, Iran's Speaker of Parliament, has frequently trolled Trump over the Strait of Hormuz. This week, he was taunting the Fed.

JP Morgan says it has no clear oil market endgame as Iran conflict drags on

JP Morgan said on Thursday that it does not have a clear baseline view for oil markets for the first time since the start of the US-Israeli war on Iran.

Iran war pushes diesel – the economy’s lifeblood – to record high prices, with no relief on the horizon

The country, and the world, have been losing diesel refining capacity for many years and can’t just ramp up production to fill the shortages.