Occidental Petroleum Equity Warrants Exp 3rd August 2027
Plans for record emergency oil release signal Middle East war could drag on for months
In an aerial view, Marathon Petroleum Corp’s Los Angeles Refinery, one of the largest oil refineries in the North America, operates as gas prices rocket upward due to worldwide oil supply disruptions caused by the U.S. and Israeli attack on Iran, on March 10, 2026 in Carson, California. David McNew | Getty Images Plans to […]
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Asia-Pacific markets fall as Iran war continues to fuel oil volatility
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets fell Thursday as investors grappled with volatile oil prices and escalating tensions in the Middle East, even after the U.S. and its allies announced an unprecedented emergency release of crude reserves to calm energy markets. […]
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Oil surges over 7% despite record reserve release announcement as markets doubt supply relief
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. Lucy Nicholson | Reuters Oil prices surged more than 7% Thursday, as traders appear to be unconvinced that government stockpiles can offset the massive supply shock triggered by the war in the Middle East. The West Texas Intermediate jumped 7.5% to $93.8 per […]
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Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve
The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve to help lower energy costs during the Iran war, Energy Secretary Chris Wright said Wednesday evening. The U.S. will start releasing barrels next week but it will take about 120 days to deliver them all, Wright said. President Donald Trump said […]
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Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]
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Oil prices inch back toward $90 mark as traders shrug off prospect of historic reserve release
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images Oil prices moved higher early on Wednesday, despite a report that there would be a historic release of emergency reserves […]
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U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz
In this handout photo obtained from the U.S. Defence Department, Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) sails alongside Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) and Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) in the Arabian Sea, Feb. 6, 2026. Mass Communication Specialist 1st Class […]
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Asia-Pacific markets trade higher as investors weigh developments in the Middle East
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war. Australia’s S&P/ASX 200 rose 0.35% in early trade. Japan’s Nikkei 225 jumped 1.36%, while the Topix […]
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Gas prices threaten Republican lawmaker’s plans to win on affordability
High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. Frederic J. Brown | Afp | Getty Images Rising gas prices and no clear end of the Iran war are clashing with GOP plans to win the November elections […]
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10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
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