Iraq swelters in extreme heat as power cuts fuel protests and anger

Crack Spreads And Marathon Petroleum's Explosive Rally (Rating Downgrade)

Crack Spreads And Marathon Petroleum's Explosive Rally (Rating Downgrade)

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

Iran strikes drive oil price gains

{beacon} Energy Environment Energy Environment The Big Story Iran strikes drive oil price gains The end of the U.S.-Iran ceasefire is driving oil prices higher and creating uncertainty for future energy prices. © Filip Singer, Pool Photo via Associated Press On Tuesday, the U.S. said it was striking Iran in retaliation for attacks on...

Drones set Russia’s Syzran refinery ablaze 800 km from the war zone — analysts count every primary unit hit

Both crude distillation installations and a gasoline reformer burned at the plant that refines up to 8.9 million tons of oil a year.

The Commodities Feed: US-Iran ceasefire breakdown pushes oil higher

Fresh US strikes on Iran pushed oil higher this morning, with the latest escalation undermining confidence in the fragile ceasefire. Russia's ban on the export of diesel until the end of July adds to supply concerns

Hormuz: China Oil Demand Tapped out, Heavy Truck EVs Rise

If the country stops needing to use diesel for trucks, that is game over for petroleum

Oil Product Markets Are the Real Hormuz Pain Point

While crude has nearly erased its wartime rally, refined fuels are increasingly tight.

WAR HOT

WAR HOT (Main headline, 1st story, link) Related stories:OIL SPIKESHORMUZ THREAT 'SEVERE'IRAN STRONGER THAN BEFORE?PENTAGON RUNNING OUT OF MONEY

The Case For and Against Buying Chevron Right Now

Chevron is a high-yield energy giant, but industry fundamentals are being trumped by emotions today.

The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices

The potential unraveling of a fragile truce between Iran and the United States has renewed anxiety over fuel prices

Oil prices jump as US-Iran fighting ramps up again

The US and Iran exchanged strikes over the weekend, raising oil prices and prompting concerns over the Strait of Hormuz, a key waterway for global energy shipments. #News #Reuters #Newsfeed #oil #iranwar #straitofhormuz Read the story here: https://reut.rs/4wBUqGC 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Even as ceasefire frays, Trump and Iran shy away from full war

The United States and Iran are escalating their tit-for-tat strikes, posing the biggest threat yet to their framework deal.

Gold futures rebound nearly 1% to ₹1.44 lakh/10g on value buying

Fresh US military strikes on Iran and retaliatory actions by Tehran pushed crude oil prices higher

Things are getting worse in the Strait of Hormuz — again

New attacks, the largest number of such incidents since a U.S.-Iran interim deal took effect, pushed oil prices up more than 3

[Video] 🇺🇦❌🇷🇺 — NOW: A gas pipeline is burning in Belgorod, Russia, following a Ukrainian strike.

— NOW: A gas pipeline is burning in Belgorod, Russia, following a Ukrainian strike.@IntelSlava

Oil prices soar as US bombs Strait of Hormuz sites and Iran strikes US bases and ships

Ongoing US strikes against Bandar Abbas, Sirik, Jask and Bushehr, triggering Iranian missile attacks on US bases in Bahrain and Jordan and a fatal strike in Khuzestan The post Oil prices soar as US bombs Strait of Hormuz sites and Iran strikes US bases and ships appeared first on ProtoThema English.

Oil Prices Climb As Renewed US-Iran Tensions Raise Supply Concerns

Escalating hostilities between the US and Iran fuel concerns over oil supplies through the Strait of Hormuz.

Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share?

The four month Iran war severely disrupted global energy markets after Tehran restricted shipping through the Strait of Hormuz following U.S. and Israeli military strikes. At the height of the conflict, around 14 million barrels of oil per day were removed from global supply, triggering fears of a prolonged energy crisis and sending Brent crude [] The post Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share? appeared first on Modern Diplomacy.

Renewed US-Iran strikes raise fears of wider regional escalation

Khor Fakkan, United Arab Emirates. Photo by- [] The post Renewed US-Iran strikes raise fears of wider regional escalation appeared first on Nowlebanon.

Trump Gets Big Midterm Warning in Devastating Survey

Evelyn Hockstein / REUTERSPresident Donald Trump is facing a fresh warning ahead of the midterms, as a new survey shows that rising gas prices are hitting American households hard.A survey released by Gallup found that roughly two-thirds of U.S. adults say higher fuel costs have negatively affected their household finances. The poll, conducted among 1,001 adults between June 1 and June 15, comes as energy markets continue to react to geopolitical instability in the Middle East.Gasoline prices have climbed significantly since the war in Iran began, with average prices exceeding 5 a gallon in seven states. Oil prices have risen by approximately 35 percent, contributing to broader increases in energy costs. Read more at The Daily Beast.

Regions Calling: Russia's Fuel-Producing Hub Struggles to Shake Off Supply Crisis

Even Bashkortostan, Russia's leading producer of diesel and gasoline, is feeling the impact of this summer's fuel crisis.

U.S. and Iran exchange intensifying fire across Persian Gulf

U.S. and Iran exchange intensifying fire across Persian Gulf

Massive explosions heard across Iran as fears of wider war grow

Explosions have reportedly been heard in multiple cities across Iran, according to Iranian state media. The United States has not yet confirmed whether it was behind the latest strikes, as fears mount the escalating tit-for-tat attacks could reignite a broader conflict in the Middle East. The reported blasts come after Iran targeted US military bases following dozens of American strikes on sites across Iran.

McEntee says Army will support gardaí with removals if further blockades occur as Government to discuss fuel supports

Earlier this year chaos erupted when fuel protestors blockaded some of the country’s ports and refineries

US launches over 80 strikes on Iran, prompting retaliatory attacks on Bahrain and Kuwait

The strikes came just hours after Washington also pulled Tehran’s licence to sell oil, which was only issued last month following an interim ceasefire deal.

Oil prices spike as Trump declares ceasefire with Iran ‘over’

Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.2 to 76.48-76.54 per barrel. U.S. benchmark West Texas Intermediate similarly jumped 3.2 to around 72.72 per barrel. The situation worsened after Trump []...Click to read more

France sizzles in a week of punishing heat that is already causing deaths, with some reports stating that it's so hot you could braise a Coq a Vin with lardons and mushrooms on the sidewalk. Or just fry an egg, if you're a philistine or something [Scary]

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What's happening to petrol prices now oil is back to pre-Iran war levels?

When the conflict began on 28 February, fuel costs jumped as the war disrupted the production and transportation of energy across the Middle East.

Global markets trade mixed amid Middle East tensions ahead of Fed’s meeting minutes

Renewed tensions with US strikes on Iranian targets drive up crude oil prices, threatening inflation outlook and giving rise to Fed rate hike expectations

Wall Street Journal Exposé: Iran Inflicted $400 Million in Damage to U.S. Naval Base in Bahrain

WSJ investigation reveals Iranian strikes between February and June caused far greater destruction than publicly disclosed Command headquarters, satellite facilities, warehouses hit | Reconstruction costs soar beyond initial estimates (World News)

Trump siasat syarikat minyak susulan harga petrol masih tinggi

WASHINGTON: Presiden Amerika Syarikat (AS), Donald Trump, mengarahkan siasatan terhadap syarikat minyak utama berhubung dakwaan harga petrol yang tinggi, ketika beliau berdepan tekanan politik susulan kesan konflik di Asia Barat. Harga petroleum global melonjak selepas Iran menyekat aliran minyak melalui Selat Hormuz sebagai tindak balas terhadap serangan AS-Israel pada Februari. “Syarikat Minyak besar tidak menurunkan ... Read more The post Trump siasat syarikat minyak susulan harga petrol masih tinggi appeared first on Utusan Malaysia.

Oil prices spike after Trump declared ceasefire with Iran ‘over’

Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.2 to 76.48-76.54 per barrel. U.S. benchmark West Texas Intermediate similarly jumped 3.2 to around 72.72 per barrel. The situation worsened after Trump []

US, Iran exchange strikes as fragile truce faces threat; Sensex tanks 1,677 points

The United States and Iran launched missile strikes on each other on Wednesday, jeopardising the fragile three-week-old ceasefire and sparking fears of an all-out war in West Asia. The US also reimposed sanctions on Iran, sending oil prices soaring. Brent crude oil, the international benchmark, rose 6 per cent, to 78 a barrel. In India, []

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []