Tag: Oil prices

Iran port blockade drives oil to 4-year high

US weighs prolonged maritime pressure The prospect of a blockade intensified on Wednesday, as the United States signalled it may pursue a long-term closure of...

US fuel prices at highest level since the war began

US fuel prices have climbed to their highest level since the start of the war against Iran on 28 February, according to data released...

BP profits more than double as oil prices continue to climb

Oil prices drive profit jump BP's profits for the first three months of the year have more than doubled following a surge in oil prices...

Oil prices rise as US–Iran talks stall

Markets react to geopolitical uncertainty Oil prices recorded a sharp increase in early Asian trading on Monday, driven by a lack of progress in US–Iran...

Iran seizes two vessels in Strait of Hormuz

Strait of Hormuz tensions escalated after Iran announced it had seized two ships attempting to pass through the vital shipping route. The tensions have...

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