Browsing Tag
Energy Markets
4 posts
Iranian Military Pledges Ongoing Strikes Until US Offensive Ceases
Iran has promised to continue military strikes in response to US aggression, even as Houthi rebels expand the conflict by targeting Saudi shipping in the Red Sea.
Houthi Rebels Announce Sea Embargo Targeting Saudi Arabia
Houthi rebels have declared a maritime blockade of Saudi Arabia, potentially disrupting global energy shipments and intensifying the ongoing conflict between regional powers.
Iran Warns of More Trade Blockades as US Launches Further Attacks
Iran is threatening to close more maritime trade routes as US forces launch fresh strikes on military targets, pushing oil prices higher and escalating regional tensions.
Optimism over US-Iran peace accord drives drop in oil prices
Oil prices fell sharply on Monday following reports that the United States and Iran are nearing a peace deal that could reopen the vital Strait of Hormuz.