regional conflicts

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    Shipping Through Strait of Hormuz Amid Rising Tensions

    U.S. President Donald Trump urged commercial vessels to keep sailing through the Strait of Hormuz despite the ongoing conflict involving Iran, saying Tehran no longer has the naval capability to threaten shipping in the region.“Show some courage. There is nothing to be afraid of; Iran has no...
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    Global Oil Market: Factors Driving Price Increases

    Crude Oil Prices Climb Above $90 as Strait of Hormuz Disruptions Offset Record Reserve Release Oil Prices Extend Gains in Early Thursday Trade Crude oil prices continued their upward trend on Thursday, March 12, with US crude, also known as West Texas Intermediate, rising back above the $90 per...
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