Oil climbs past $90 as Middle East conflict keeps Strait of Hormuz shut

On Tuesday, oil prices saw a significant uptick, driven by escalating tensions between the US and Iran and looming risks to supply chains. Brent crude hit $91.04, while WTI crude climbed to $86.55 per barrel. The Strait of Hormuz is a focal point of concern for global oil supply stability. Additionally, there are effor

For the first time in a month, the US has launched strikes against Iran. The attack targeted the shipping island of Larak in the Strait of Hormuz. The US says it was aimed at preventing Tehran from placing sea mines in the strategic shipping lane, just days after Washington announced it had completed clearing explosive

US targets Iran’s Larak Island in first exchange of fire in more than a month as Masoud Pezeshkian says America ‘has not fulfilled its commitments’ First US military attacks on Iran in a month prompt retaliation Coinciding with this week’s G20 meeting, the EU has issued a statement saying it will work with the US and

Asset managers report interest from institutional investors seeking exposure to hard assets

Associated Press journalists on the Indonesian island of Batam, across the Singapore Strait, spotted the massive vessel as it transited waters near Singapore just after 1 a.m. local time.

USS Abraham Lincoln sails past Singapore on its way home from Middle East  Toronto Star

The U.S. aircraft carrier USS Abraham Lincoln has sailed past Singapore as it heads home

The U.S. aircraft carrier USS Abraham Lincoln has sailed past Singapore as it heads home

USS Abraham Lincoln sails past Singapore on its way home from Middle East  AP News

“Notwithstanding the rise of alternative and green technologies over the past decade, the global economy is still very reliant on oil and gas."