Apr 11analysis
Saudi pipeline damage will outlast the war, and that changes everything
Iran's strikes cut 600,000 bpd from Saudi fields. The real blow: crippling the kingdom's only export pipeline bypassing the Strait of Hormuz.
Energy Market News
Latest news and analysis on oil, gas, and commodity markets
Apr 10cpi
US inflation hits 3.3% as fuel costs post sharpest monthly gain since 1957
March CPI rose 0.9% month-over-month, driven by the largest fuel price jump in nearly seven decades. The Fed now faces a stagflation trap with no easy exit.
Apr 9oil
Iran confirms sea mines in Hormuz as IRGC publishes danger zone map
IRGC-linked media published a chart marking normal Hormuz shipping lanes as mined. Ships rerouted near Larak Island. US minesweepers are in Asia, not the Gulf.
Apr 9market
Three Chinese supertankers test Hormuz exit as oil fades from $100
Three Cosco-linked VLCCs carrying Iraqi and Saudi crude raced toward the strait, then stopped. Oil dropped from $101 to $97 as traders watched the test.
Apr 9oil-prices
Oil jumps back above $100 as Goldman warns of triple-digit year
WTI reclaimed $100 on Thursday, erasing half of Wednesday's historic crash. Goldman says Brent stays above $100 all year if Hormuz is shut one more month.
Apr 9analysis
Iran's 10-point plan: what Tehran wants for a permanent Hormuz deal
Iran demands Hormuz control, a $2M ship toll, sanctions lifted, and uranium enrichment rights. Vance heads to Islamabad Saturday to negotiate.
Apr 8oil
Ceasefire lasts hours: Iran shuts Hormuz after Israel bombs Lebanon
Iran halted all tanker traffic through the Strait of Hormuz after Israel launched its heaviest strikes on Lebanon since March. Only two ships got through.
Apr 8oil-prices
From $116 to $92: five forces pushing oil's crash deeper
WTI has lost over 20% since Tuesday's ceasefire. Hedge fund selling, SPR releases, recession fears, and a returning supply glut are piling on the pain.
Apr 8market
800 ships race for Hormuz exit as ceasefire clock starts ticking
More than 800 vessels and 20,000 seafarers are trapped in the Persian Gulf with just two weeks to escape through a strait Iran still controls.
Apr 8oil-prices
Oil plunges 16% in biggest crash since 1991 as ceasefire stuns market
WTI crude collapsed from $116 to under $94 after Trump and Iran agreed to a Pakistan-brokered two-week ceasefire. Hormuz set to reopen conditionally.
Apr 7oil-prices
Brent drops below $107 as ceasefire framework rattles oil bulls
Brent crude shed more than $5 from its intraday high as whispers of a 45-day ceasefire deal between Washington and Tehran ripped through trading desks hours before Trump's Tuesday deadline.