Tag: Oil Prices
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Iran Says It Can Reopen Hormuz in Two Days. Read the Fine Print.
Iran says it can reopen the Strait of Hormuz in two days if Washington meets its demands. The timeline got shorter, but the demands did not. Here is the catch, why peace through strength still matters, and what it means for your gas tank.
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Bombs on a Tanker Hull in Hormuz. Now Trump Has to Decide.
A small boat attached two explosive devices to a tanker’s hull in the Strait of Hormuz, a new tactic in the eight-month Iran conflict. A Saudi-led coalition says it downed a Houthi drone near Mecca, and CENTCOM briefed Trump on Iran options. Here’s what it means for his decision and your gas prices.
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Oil Just Hit $117. Iran Is Betting You’ll Blame Washington.
Brent crude briefly topped $117 after Iran claimed hits on seven tankers in Hormuz. Tehran is using the gas pump as a weapon two weeks before Election Day.
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Mike Waltz Says the Iran War Could Last Another Year. Believe Him.
UN Ambassador Mike Waltz told the Financial Times the Iran war could last another year as Brent crude climbed above $114 a barrel.
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Trump Just Drafted American Oil Into National Defense
Trump signed a memo using the Defense Production Act to boost U.S. oil production, refining, and pipelines. Here’s what it does and what to watch.
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The Houthis Just Emptied Aramco’s Headquarters. Your Wallet Is Next.
Saudi Aramco told staff to evacuate its Dhahran headquarters after deadly Houthi attacks, as Washington pulled diplomats from Saudi Arabia and Brent crude topped $110.
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