Oil Market News
Saudi Arabia shuts key oil pipeline after drone attack launched from Iraq
Riyadh finds itself at the epicenter of escalating Middle East tensions following a devastating drone assault that forced the closure of a pivotal crude artery. The recent Saudi Oil Pipeline…
Oil hits $100 a barrel for first time since July after US and Houthi strikes
In a dramatic turn of events, global Oil Prices have surged past the critical $100 (£74) a barrel mark for the first…
Trump says Iran ceasefire is on ‘massive life support’
President Donald Trump has dramatically declared the fragile, month-long Iran ceasefire to be on “massive life support,” revealing a deeply strained truce…
What happens if oil breaches US$150 a barrel? BMO report lays out warning
The global economy braces for a potential seismic shift. Economists are issuing stark warnings: should Brent crude, the international benchmark for oil,…