Oil Gains More Than 3.5% as U.S.-Iran Standoff Deepens
Oil prices surged more than 3.5% after the U.S. and Iran exchanged fresh strikes, intensifying their standoff over control of the Strait of Hormuz.
Oil Demand Recovery Is Under Way but U.S.-Iran Escalation Clouds Outlook, IEA Says
Consumption is projected to fall by 1 million barrels a day this year, but the pace of decline is easing.
Energy & Utilities Roundup: Market Talk
