# oil
Latest news and articles about oil
Total: 24 articles found
Gold’s Safe‑Haven Luster Fades as Iran Conflict Boosts Oil but Favors the Dollar
Spot gold briefly fell below $5,000 per ounce amid renewed U.S.–Iran tensions, rising oil prices and a stronger dollar. Markets are pricing in a higher‑for‑longer Fed, which has pushed yields up and constrained gold’s safe‑haven appeal despite geopolitical risk.
More than 11 Million Barrels of Iranian Oil Routed to China as US Escort Rhetoric Falters
More than 11.7 million barrels of Iranian crude have been reported as flowing to China through the Strait of Hormuz since late February, even as regional tensions and threats to merchant shipping have risen. The episode highlights China’s growing energy resilience and the practical limits of US military guarantees in a high‑risk maritime environment.
Trump Declares Iran ‘Crushed’ as US Strikes Kharg Island and Baghdad Embassy Air Defences Hit
President Trump declared Iran "completely defeated" after US strikes on Iranian targets, including the Kharg Island oil terminal, and said negotiations were not acceptable. US officials reported 13 American service members killed and around 200 wounded, while Iran warned it would retaliate by targeting any regional oil and energy infrastructure linked to the United States.
Biggest IEA Oil Release in History Fails to Douse Prices as Hormuz Risk Keeps a Premium on Crude
The IEA coordinated the largest emergency release of oil in its history — 400 million barrels — but Brent and US crude leapt on March 12 as markets remained worried about disruptions via the Strait of Hormuz. The move signals strong international coordination, yet traders are pricing a sustained risk premium because physical chokepoints and on‑the‑ground escalations could still significantly curtail supplies.
Iran Strikes Energy Targets with Drones in Direct Retaliation for Airstrike, Raising Regional Stakes
Iran used drones to strike energy facilities on 10 March 2026 in direct retaliation for an Israeli airstrike on an oil depot, marking a tactical shift toward direct economic targeting. The move increases the risk of wider escalation, threatens regional energy security, and underscores the growing role of UAVs in the Israel–Iran confrontation.
Oil Shock and Fed Uncertainty Send Gold Tumbling $100 — Why Safe‑haven Flows Have Flipped
Gold plunged about $100 intraday on March 9 as oil prices spiked amid renewed Middle East violence, prompting a dollar rally and higher real yields that raised the opportunity cost of holding bullion. Traders increased put hedges even as futures net‑longs recovered, signaling protective positioning rather than a collapse of gold’s long‑term case.
Oil's 28% Intraday Collapse in 24 Hours Exposes Fragile Geopolitics and Market Risks
A violent reversal in oil prices—WTI tumbling as much as 28% intraday after a prior spike—was driven by diplomatic signals and talk of coordinated reserve releases that drained speculative bets. The rout relieved short-term inflation and FX pressure but left structural concerns over Gulf shipping and potential production outages unresolved, keeping markets vulnerable to renewed shocks.
Oil Surges Past $110 as Middle East Tensions Spike; Gold Retailers Hike Prices and China Tightens Market Rules
Oil prices surged above $110 a barrel on March 9 as renewed Middle East tensions and precautionary production moves rattled markets. Chinese gold retailers raised retail prices, regulators clarified exemptions on insider short‑swing trading to stabilise equities, and a viral open‑source AI agent drew cybersecurity warnings.
Oil Shock Returns: Strait of Hormuz Gridlock Sends Prices Soaring and Raises $150-a-Barrel Risk
Escalating hostilities around Iran and Israel have pushed shipping through the Strait of Hormuz toward paralysis, sending oil prices sharply higher and prompting warnings that prices could surge toward $150 a barrel if exports halt. Markets and policymakers face a renewed inflation‑growth dilemma as storage constraints, production cuts and higher freight and insurance costs turn a regional conflict into a global energy risk.
Tech Lift Fuels Market Rally as Oil Holds Flat — China Readies Policy Signals Amid Geopolitical Jitters
Global equities rose as technology shares led gains, while oil settled nearly flat despite Middle East tensions that have already prompted shipping carriers to pause bookings. In China attention shifts to the NPC session and a State Council briefing that could set policy support; meanwhile, market infrastructure and tech developments — from 24/7 bank‑to‑broker transfers to cheaper AI video generation — are quietly reshaping investment dynamics.
Hormuz on Edge: How a Narrow Waterway Can Shake the Global Economy
The Strait of Hormuz, a narrow but vital maritime corridor, carries a sizeable share of seaborne oil and key energy cargos. Any effective closure would trigger immediate price spikes, higher shipping costs and geopolitical confrontation, while prompting longer-term shifts in energy routes and security arrangements.
Middle East Flare-Up Sends Tanker Freight to Record High as Markets Trade Unevenly
Renewed Middle East tensions have driven oil prices up more than 6% and sent tanker rates to record highs, creating acute short-term disruption to crude logistics. Markets traded unevenly as investors weighed inflationary implications against selective risk-taking, while Beijing pressed for de-escalation and moved to cushion domestic industry through policy measures.