- Chances of US-Iran tensions escalating are ‘very, very high,’ says FGE's Fesharaki
June 24, 2019
Chances of a U.S.-Iran conflict escalating into something bigger are “very, very high” — though a full-blown war is unlikely, said Dr. Fereidun Fesharaki of FGE.
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- US crude filling Iran oil gap in India
June 24, 2019
A surge in India’s oil imports from the United States outpaced growth in shipments from its traditional suppliers in the Middle East, after Washington imposed sanctions on Tehran in November, according to tanker arrival data obtained fro...
- Stocks in Asia mixed; oil prices rise as US-Iran tensions continue to linger
June 23, 2019
Stocks in Asia Pacific were mixed on Monday, while oil prices continued to rise as tensions between the U.S. and Iran lingered after the latter shot down an American surveillance drone.
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- Crude prices up due to fears of US attack on Iran
June 22, 2019
Brent crude was up 42 cents, or 0.66 percent, at $64.87 a barrel by 0850 GMT. The global benchmark jumped 4.3 percent on Thursday and was up around five percent for the week, in its first weekly gain in five weeks.
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- Oil prices dip, still set for weekly gains amid Middle East tensions, rate cut hopes
June 21, 2019
Oil prices reversed earlier gains on Friday but benchmark Brent crude was still set for its first weekly gain in five weeks amid rising tensions in the Middle East and on hopes for a drop in U.S. interest rates that may stimulate global ...