Oil Rises After U.S. Reimposed Naval Blockade on Iran

Oil prices rose, with Brent crude trading just shy of $86 a barrel after the U.S. reinstated its naval blockade on Iran.

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.

Trump Backtracks on 20% Toll for Shipping in Hormuz Strait