Trump Backtracks on 20% Toll for Shipping in Hormuz Strait
Brent crude prices remain at their highest since the days before the U.S. and Iran signed a memo of understanding aimed at reopening the strait and pausing hostilities.
BP Sees Further Oil-Trading Gains as Iran Conflict Fuels Volatility
Quarterly reported upstream production is expected to range from 2.17 million to 2.22 million barrels of oil equivalent a day, compared with 2.34 million barrels of oil equivalent a day in the first quarter.
Oil Surges Most Since 2020, Reflecting Bet That Strait Won't Go Back to Normal
