Glencore’s Energy Trading Profit Surges 66-Fold as Iran War Halts Gulf Tanker Traffic
Glencore's energy trading desk booked $2.66 billion in first-half adjusted EBIT for 2026, a 66-fold jump from $40 million a…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
live price
84.193
+2%
Iran’s oil exports collapse 93% under US naval blockade, pushing Tehran toward crypto
A US naval blockade has cut Iran's oil exports 93% in May to roughly 65,000 barrels a day, and Tehran…
Trump: Iran Deal to Reopen Strait of Hormuz Could Come This Week
An agreement to reopen the Strait of Hormuz to shipping could be reached within days, President Donald Trump said, as…
Oil prices rise after Houthis claim missile strike on Saudi tanker near Yanbu
Yemen's Houthi militants say they struck a Saudi oil tanker near Yanbu on Tuesday, sending Brent and WTI crude higher…
Trump says Strait of Hormuz deal could come within days as oil prices swing
President Trump says a deal to reopen the Strait of Hormuz could be reached within days, and Treasury Secretary Scott…
