Renewed fighting between the US and Iran has ended period of relative calm

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the vessels was hit off the coast of Kharg…

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

Iran nears a shipping deal with Oman, boosting oil prices. New all-time high by December 31 at 9.5% YES.

Renewed fighting stokes fears of deeper disruptions

Brent Crude, the marker for worldwide oil prices, rose about 3% to reach over $100 per barrel.