US-Iran Tensions Drive Oil Prices to 12% Weekly Gain, IEA Warns of Supply Risks Oil prices surged 12% for the week as escalating U.S.-Iran hostilities disrupted global markets, with Brent …
Oil and Gas
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Applied Computing Secures $20 Million to Build Industry-Specific AI for Energy Sector Applied Computing has raised $20 million in a Series A funding round to develop a foundation artificial intelligence …
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Iranian officials have threatened to target "all infrastructure in the region" should the United States under a potential Trump administration strike Iranian civilian or economic assets. This warning follows reports …
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Regional Tensions Escalate as US and Iran Exchange Military Strikes in the Gulf Tensions in the Persian Gulf have intensified following a series of direct military engagements between United States …
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U.S. Maritime Policy and the Strait of Hormuz: Fact-Checking Recent Claims President Donald Trump has announced plans to restart a naval blockade of the Strait of Hormuz and for the …
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Global Oil Markets React to Strait of Hormuz Security Concerns Global oil prices fluctuate based on geopolitical tensions in the Strait of Hormuz, a critical maritime chokepoint that facilitates the …
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The Bab al-Mandeb Strait, a vital maritime chokepoint through which approximately 12 percent of global trade passes, faces heightened risks of closure following a recent surge in military hostilities in …
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Market Volatility Driven by AI Sector Shifts and Energy Price Fluctuations Major U.S. stock indexes finished the week with mixed results as investors grappled with shifting sentiment toward artificial intelligence …
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Permian Resources Corporation (NYSE: PR) is scheduled to report its second-quarter 2024 financial and operating results on August 5, 2024, after the market closes. The company will host a conference …
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Global oil markets are responding to heightened volatility in the Strait of Hormuz following reports of maritime attacks, with Brent crude futures rising 1.2% to $72.85 per barrel. The disruption …