Colorado motorists are feeling the squeeze at the pump, with regular gas now averaging $4. 76 per gallon. That’s just three cents shy of the point where many say they’ll have to start cutting back elsewhere. A recent survey of over 3, 000 people found that four out of five drivers already feel stres
"The world’s bond markets are tightening, pushing borrowing costs higher and sparking worries about a possible slowdown. In Paris, finance leaders from the G7 will discuss how the war in Iran could shake economies further. They are urged to act quickly to keep oil flows steady and limit damage
The latest warning from Washington came in a weekend social media post that lacked specifics but carried sharp teeth. "Speed matters for Iran, " it read. "Fast action needed—or nothing will remain. " The message came as negotiators from both sides attempt to turn a fragile April truce into lasting p
For weeks, ships carrying oil from the biggest producers in the Middle East have been stuck near Iran. The Strait of Hormuz, a narrow waterway that normally moves one in every five barrels of world oil, has been blocked since fighting flared up. Because so much supply is stuck, countries are racing
A top Iranian official recently took aim at cryptocurrency’s role in oil markets during a tense moment at the Strait of Hormuz. Instead of just warning about sanctions or payment limits, he mocked “digital oil” trading—suggesting that crypto-based oil contracts now influence how people see real-worl
Crypto traders moved more than $500 million into synthetic oil futures on the Hyperliquid exchange over the weekend, hoping that a new clash in the Middle East could lift crude prices back to $100 per barrel. The spike followed Iran’s sudden decision to shut the Strait of Hormuz to commercial shi
The recent U. S. air campaign over Iran has sparked mixed feelings among supporters of the president, some who still cheer because they believe a June strike ended Iran’s nuclear plans. The word “excursion” used by the president shows how unclear his statements are, especially when he claims to have
Viper Energy saw a small rise in stock value after an investment firm raised its rating. Jefferies now suggests buying shares, pushing the price target from $43 to $55. The move comes as oil prices stay high, and experts believe the company is in a strong spot to profit. But why does this matter now
Tensions around the Strait of Hormuz often grab headlines, but one place keeps popping up in the middle of the drama: Kharg Island. This small but critical piece of land in the Persian Gulf isn’t just another dot on the map—it’s where a huge chunk of the world’s oil moves through a single terminal.
Russia is making money while Iran fights. When the U. S. attacked Iran, many thought Moscow would help its old partner. Instead, Russia has turned the conflict into a profit opportunity. Oil sales have doubled. Before the war, Russia earned about $135 million each day from oil exports.
