Oil tanker struck by unknown projectile in Strait of Hormuz, UKMTO says crew safe
A tanker transiting the Strait of Hormuz was struck by an unidentified projectile on October 1, setting off a fire…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
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European diesel refining margins drop 7% as EU weighs emergency reserve release
European diesel refining margins dropped 7% on Thursday as EU governments weighed releasing emergency diesel reserves under pressure from the…
Brent Crude Jumps Over 4% as U.S. Reportedly Sends Third Aircraft Carrier to Middle East
Oil prices jumped Thursday after a report that the U.S. is sending a third aircraft-carrier strike group and up to…
UK and EU in talks to release diesel reserves after Trump threatens US export ban
The UK is in talks with EU partners to release additional strategic diesel reserves if needed, after President Donald Trump…
Trump tells TIME the U.S. could resume or intensify attacks on Iran after midterm elections
President Trump told TIME the U.S. could resume or intensify strikes on Iran after the midterm elections if negotiations fail….
