Oil and Gas
Vance says ‘the ball is in Iran’s court’ to move peace talks further, as U.S. blockade takes effect
US Vice President JD Vance (R) speaks during a news conference after meeting with representatives from Pakistan and Iran, as US President Donald Trump’s son-in-law Jared Kushner (L) and US Special Envoy to the Middle East Steve Witkoff (C) watch, in Islamabad on April 12, 2026. Jacquelyn Martin | Afp | Getty Images Vice President […]
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Trump is blockading Iranian ports in the Persian Gulf. What does that mean?
A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes on March 1, 2026. Sahar Al Attar | Afp | Getty Images President Donald Trump on Monday rolled out a “blockade” of access to Iranian ports in the Persian Gulf to […]
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U.S. blockade of Strait of Hormuz set to begin
A smartphone displays the MarineTraffic app showing numerous ship beacons near the Strait of Hormuz with a satellite view in the background, in Creteil, France, on April 8, 2026. Samuel Boivin | Nurphoto | Getty Images The U.S. on Monday morning is set to start blocking ships from entering or exiting the Strait of Hormuz, […]
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Oil soars again — Why the economy could be spared a 2022-style inflationary surge
Oil prices spiked once again on Monday morning, rebounding above $100 a barrel after Middle East peace talks in Islamabad faltered and reigniting fears of another energy-driven inflationary surge through the global economy. But the lasting impact from the energy price shock caused by the U.S.-Iran conflict could actually prove to be disinflationary for developed […]
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UK ‘not supporting’ U.S. Iran blockade as France’s Macron confirms ‘multinational’ talks on the Strait of Hormuz
U.S. President Donald Trump and British Prime Minister Keir Starmer hold a press conference following their meeting at Chequers, near Aylesbury, Britain, Sept. 18, 2025. Kevin Lamarque | Reuters The U.K. is “not supporting” the U.S. blockade of Iranian ports, Prime Minister Keir Starmer said on Monday, insisting that the country would not get “dragged […]
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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle […]
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From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?
Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2026 in New York City. Michael M. Santiago | Getty Images The U.S. move to blockade the critical Strait of Hormuz has led to a familiar market response: surging crude prices, rising bond yields and a firmer dollar. […]
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Why pressure is mounting at oil giant BP ahead of its annual general meeting
A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images A growing chorus of dissenting investors appear to be ramping up the pressure on BP ahead of its annual general meeting. The Local Authority Pension Fund Forum (LAPFF), a top U.K. pension fund body, […]
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Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran’s ports […]
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U.S.-Iran talks set to begin in Pakistani capital after delegations arrive
TOPSHOT – A policeman stands guard in front of a digital screen displaying news of USIran peace talks along a road in Islamabad on April 10, 2026. (Photo by Farooq NAEEM / AFP via Getty Images) Farooq Naeem | Afp | Getty Images Pakistan confirmed the arrival of a delegation of Iranian negotiators ahead of […]
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