Crude oil prices experienced a significant increase on Friday, driven by Iran’s intensified actions in the Strait of Hormuz, missile strikes by Houthi militants targeting Saudi Arabia, and Ukraine’s commitment to continue its assaults on Russian refineries. Brent futures reached a session peak of $110 per barrel for the first time since May, subsequently retreating Read More
Energy Markets
President Donald Trump concluded a meeting in the White House Situation Room without disclosing his ultimate decision regarding the approval of a deal to suspend the three-month-old Iran conflict, as reported. Trump earlier Friday stated on Truth Social that he would be making his “final determination” during that meeting, after outlining the conditions that Iran Read More

