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LONDON, Sept 18 (Reuters) — European diesel margins fell marginally on Friday, holding near record high levels as disruptions in the Middle East continue. Low-sulphur gasoil futures traded at $85.34 a barrel above Brent crude futures at 1637 GMT, 30 cents lower than the previous close. Four commodity vessels transited
Brent crude climbed to around $102 per barrel on Thursday, its highest level since May. The intensifying US-Iran conflict has raised concerns about potential further disruptions to Middle East energy supplies.
Most Gulf stock markets closed lower Wednesday as intensifying Middle East conflict and energy security risks weighed on investor sentiment. Conflict escalated after Iran-backed Houthi forces launched strikes across Saudi cities, pressuring oil sentiment.
WTI crude oil futures extend gains on Middle East escalation, with Houthi attacks on Saudi infrastructure and continuing strikes in the Strait of Hormuz.
WTI crude oil futures rose in early Asian trade as the U.S.-Iran conflict escalated, with the U.S. saying it struck three Iranian oil tankers after Iran launched ballistic missiles toward two Navy warships.
StealthGas reported second-quarter 2026 revenue of $42.8 million and profit of $17.3 million, with cash above $250 million after prepaying over $350 million of debt.
Walmart CFO John David Rainey says gasoline above $4 may have a psychological impact on shoppers, with consumers making trade-offs as the retailer faces weaker U.S. sales growth and about $2 billion in fuel-related costs above its original forecast.
Radio host Alex Jones called for President Donald Trump’s impeachment over the U.S. conflict with Iran, arguing the administration has exceeded its constitutional authority and is moving toward a broader war. Jones Demands Impeachment On Tuesday, Jones urged Congress to remove Trump from office, saying the president’s
Iran launches missiles at US forces, oil prices jump
() -- The Tadawul All Share Index ended trading lower at 0.16% in the red as the re-escalation of the US-Iran conflict over the weekend dampened investor sentiment on Monday. The US and Iran again launched missile and drone attacks against each other. The Middle Eastern country targeted Bahrain- and Kuwait-based US mil
Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked. The Roc