Liberia Announces Latest Fuel Price Hike Amid Global Oil Volatility
Liberia raises fuel prices again as global oil market volatility and a weaker local currency strain the economy, impacting households and businesses.
Global Oil Markets
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Iran Launches Missiles at Israel Following Trump’s Victory Claim
Iran launches missiles at Israel following Trump’s claim of destroying Iranian missile systems, escalating regional tensions and global concerns.
Russia Accuses US of Oil-Driven Regime Change in Venezuela, Iran
Russian FM Lavrov claims US regime change efforts in Venezuela and Iran aimed at controlling oil reserves, dismissing Washington’s justifications as pretexts.
Trump’s Jones Act Waiver: A Bid to Tame Soaring Fuel Prices in 2026
President Trump suspends the Jones Act to address soaring fuel prices amid Middle East tensions, but experts question its long-term impact on energy markets.
Iran’s Security Chief Killed in Airstrike as US-NATO Tensions Flare
Iran’s top security official killed in Israeli strike as Trump criticizes NATO allies over Hormuz security. Escalating conflict raises global oil concerns.
Trump Predicts Prolonged Iran Conflict as European Allies Resist US-Led Coalition
Trump anticipates extended U.S.-Iran hostilities as European nations reject calls to join a Strait of Hormuz security coalition, prioritizing diplomacy over military escalation.
Israel Launches Air Strikes on Iranian Infrastructure
Israel’s military confirms large-scale air strikes targeting Iranian infrastructure, escalating regional tensions and impacting global oil markets.
US Strikes on Iran’s Kharg Island: Strategic Implications and Global Oil Risks
US airstrikes target Iran’s Kharg Island, a vital oil hub, raising concerns over global energy security and regional stability. Analysis explores strategic motives and risks.
Why Kharg Island Became a Focal Point in US-Iran Tensions
The US strike on Iran’s Kharg Island highlights escalating tensions over the Strait of Hormuz, threatening global oil markets and regional stability.
Trump Shares Kharg Island Bombing Footage Amid Rising Tensions
US President Trump’s release of bombing footage on Kharg Island escalates tensions with Iran, raising concerns over regional stability and global oil markets.
Trump Moves to Sell Venezuelan Oil as Maduro Faces US Detention
U.S. President Trump announces plan to sell Venezuelan oil as President Maduro remains detained in New York, sparking international condemnation and regional uncertainty.