Tensions

Oil Tanker Seized in Gulf of Oman Raises Tensions

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  • Post last modified:January 11, 2024

An oil tanker, believed to have links to Iran, was boarded by unidentified military personnel early Thursday in the Gulf of Oman. The details surrounding the incident remain unclear, leaving…

Oil Prices Rise due to Gaza Blast

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  • Post last modified:October 18, 2023

Price Action West Texas Intermediate crude (CL00, +2.15%) for November delivery (CL.1, +2.15% CLX23, +2.15%) rose $1.93, or 2.2%, to $88.59 a barrel. The contract settled flat at $86.66 a…