Oil rises as Strait of Hormuz deal fails to materialize
Oil prices climbed Friday as traders waited for a deal teased by the Trump administration to reopen the Strait of…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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ADNOC Reports 15 Missile and Drone Attacks on Vessels in Strait of Hormuz
Abu Dhabi National Oil Company says 15 missile and drone attacks have hit its vessels in the Strait of Hormuz…
ADNOC Spends $1.3 Billion on New Tankers as It Nearly Doubles Its Crude Carrier Fleet
Abu Dhabi National Oil Co.'s shipping arm spent $1.3 billion on new tankers, lifting its Very Large Crude Carrier fleet…
Iran’s Oil Exports Stall as US Naval Blockade Idles Kharg Island
A reimposed US naval blockade has again halted tanker loadings at Kharg Island, the terminal that handles roughly 90% of…
Dollar Holds Weekly Gain as Traders Await US Payrolls Data, Watch Iran Talks
The dollar held little changed on Friday but stayed on track for a weekly gain against major peers, with uncertainty…
