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price of oil

Trump visits European leaders after Iran peace deal announcement

(The Center Square) – President Donald Trump is visiting European and allied leaders he repeatedly criticized a day after he announced the United States and Iran are set to sign a peace deal to end conflict in the region and allow ships to pass through the Strait of Hormuz. "With

Oil prices continue steady decline after Trump declares Project Freedom a success

(The Center Square) – The price of Brent crude oil continued a steady decline Thursday, a day after President Donald Trump announced that a secret U.S. military mission has been escorting commercial vessels through the Strait of Hormuz. Brent crude closed Wednesday at $93.10 per barrel and $92.86

Trump: 100M barrels of oil passed through Strait of Hormuz

(The Center Square) – A secret U.S. military mission has enabled more than 100 million barrels of oil to traverse the Strait of Hormuz in roughly the past month, according to President Donald Trump. The president disclosed the mission and its apparent fruits during a press conference in the Oval

Exxon, global agencies warn of oil price spike within weeks

(The Center Square) – A top ExxonMobil executive warned that oil prices could surge to between $150 and $160 per barrel within weeks as conflict in the Middle East drains global inventories – a spike that would likely send gasoline prices higher. Neil Chapman, senior vice president at ExxonMobil, told investors at

The Iran War Has Shocked Gas Prices. Here’s What That Means for Car Insurance

The U.S. war with Iran has added a new layer of uncertainty to the global economy. The conflict has led to rising oil prices and supply chain breakdowns, raising questions about what other costs it could drive up. For now, car and home insurance companies aren’t raising alarm

US awaits Iran response to latest deal offer

US awaits Iran response to latest deal offer

The United States was waiting on Thursday for Iran to respond to its latest proposed deal to end the war in the Middle East and to reopen the key shipping lane out of the Gulf. Asian stocks soared and oil prices fell after US President Donald Trump said once again

Oil prices drop awaiting Mideast peace progress

Oil prices drop awaiting Mideast peace progress

Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz. Having plunged more than 10 percent at one point Wednesday on peace hopes, crude futures fell far less sharply Thursday, with