Brent Crude Pulls Back From $100 as US-Iran Talks and Red Sea Flows Ease Supply Fears
Brent crude retreated from $100 a barrel on Friday, falling roughly 4% as reports on US-Iran diplomacy and continued Red...
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
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Kalshi Traders Cut Odds of Strait of Hormuz Reopening Below 50%
Traders on the prediction market Kalshi now give less than even odds that shipping through the Strait of Hormuz returns...
US Drillers Cut Rigs for First Time in Six Weeks as Oil Holds Near $100
U.S. drillers idled rigs this week for the first time in six weeks, trimming the national count to 587 even...
Trump weighs ‘massive attack’ on Iran as war spreads to the Red Sea
President Trump says he is close to deciding whether to order a far larger attack on Iran, warning any strike...
Bahrain and Kuwait launch first direct strikes on Iran, raising oil risk premium
Bahrain and Kuwait launched direct military strikes on Iranian targets in July 2026, the first offensive action either Gulf state...
