Oil prices fall 2% as US, Iran explore phased path out of war
Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
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Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
Russia struck industrial heartland sites in Ukraine overnight, killing four people and injuring six, with another attack cutting power to thousands in the north, Ukrainian officials said. Moscow also targeted industrial enterprises in the cities of Dnipro, Kryvyi Rih and Pavlohrad in the southeastern region of Dniprope
Russia struck industrial sites in southeastern and central Ukraine overnight with missiles, drones and artillery, killing three people and injuring six in Dnipro, the regional governor said. Businesses were also damaged in Pavlohrad and Kryvyi Rih. Separately, a Russian attack on an energy facility left nearly 100,000
Diesel prices have rallied in Europe and the United States to record highs amid war-related export cuts from major producers including Russia, Saudi Arabia, and the United Arab Emirates, with little options cited to prevent further rises.
() -- Ukrainian forces have struck 17 Russian oil tankers, two gas tankers and one tugboat during an overnight strike in the Black Sea, according to drone force commander Robert Brovdi. He said the strikes were the latest in a run of such hits against Russia's fleet, as Ukraine's improved air attack capabilities enable
A drone strike has caused a fire aboard the dry cargo vessel Victress, according to the Ukrainian Navy
Trump's interim agreement with Iran to bring an end to the war appears to be tilted in Tehran's favor, according to economists and energy analysts. As part of a 14-point memorandum of understanding, both sides commit to further talks to reach a final agreement over the next 60 days. The U.S. president, attending a meet
Trump's interim agreement with Iran to bring an end to the war appears to be tilted in Tehran's favor, according to economists and energy analysts. As part of a 14-point memorandum of understanding, both sides commit to further talks to reach a final agreement over the next 60 days. The U.S. president, attending a meet
Trump's interim agreement with Iran to bring an end to the war appears to be tilted in Tehran's favor, according to economists and energy analysts. As part of a 14-point memorandum of understanding, both sides commit to further talks to reach a final agreement over the next 60 days. The U.S. president, attending a meet