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Oil Prices Surge as Trump Declares Iran Ceasefire Over
Global oil benchmarks jumped sharply on Wednesday after President Donald Trump said the cease‑fire with Iran was over, following a series of attacks on merchant ships in the Strait of Hormuz. Brent crude rose 6.45 % to $78.94 per barrel and U.S. WTI gained 6.49 % to $75.01, marking the highest level...

Trump says a U.S.-Iran deal to reopen the Strait of Hormuz will be signed on Sunday
Former President Donald Trump announced on his Truth Social account that the United States will sign a deal with Iran on Sunday – his 80th birthday – ...

Washington Moves to Seize Control of Venezuelan Oil Sales, Says Trump Administration Official
U.S. Energy Secretary Chris Wright announced that Washington will take charge of the marketing of Venezuelan crude for an indefinite period, following...

Brent Crude Plummets to 2021 Low as Russia‑Ukraine Peace Hopes Rise
On Tuesday, Brent crude futures slipped to $60.10 a barrel – the lowest price since early 2021. The slide was fueled by renewed optimism over a possib...
