Crude Futures Move Lower Awaiting News on Hormuz Talks

Oil prices fell, with little movement seen toward an agreement to reopen the Strait of Hormuz.

OPEC Cuts Oil-Demand Forecast Again as Hormuz Talks Stall

The Organization of the Petroleum Exporting Countries again cut its forecast for global oil-demand growth for this year, as stalled talks to reopen the critical Strait of Hormuz waterway and risks in the Red Sea prolong disruptions to global supplies.

Energy Startup Raises $750 Million for Rust-Powered Batteries