Opinion
Energy giants warn another oil price spike coming soon(Daily Caller News Foundation) – Leading executives at ExxonMobil and Chevron sounded an alarm during a recent Bernstein conference: Global oil inventories are plunging to dangerously low levels, setting the… Read More
Culture
JetBlue says jet fuel will get even more expensive as Iran war continues(Daily Caller News Foundation) – JetBlue hiked its second-quarter forecast for jet fuel prices on Monday amid the Strait of Hormuz’ continued closure, Reuters reported. The airline’s June 1 Securities… Read More
World
Trump: Strait of Hormuz is openPresident Donald Trump announced Friday morning that the Strait of Hormuz is open. “IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE,”… Read More
Culture
Oil prices plummet after Trump announces ceasefire(Daily Caller News Foundation) – Oil prices fell well below $100 after President Trump announced a ceasefire in the Iran War on Tuesday evening. The global pricing benchmark Brent crude… Read More
Culture
Flights are about to get more expensive, Trump admin insists it’s temporary(Daily Caller News Foundation) – Airline companies warned that rates will rise due to jet fuel shortages despite the Trump administration remaining adamant that rising costs are temporary. Jet fuel… Read More
World
Kneecapping ‘evil empire’ more important than keeping oil costs down, Trump saysÂPresident Donald Trump said Thursday that preventing Iran from obtaining a nuclear weapon is a higher priority than keeping oil prices down, warning that the American adversary could end up… Read More
World
Iran threatens $200 oil as attacks mount near Strait of HormuzÂThe U.S. military is moving to counter Iran’s threat to shut down the Strait of Hormuz, a chokepoint that handles roughly 20% of the world’s crude oil shipments. The… Read More
World
War in Iran shocks markets, costs U.S. taxpayers $1 billion a day(The Center Square) – The escalating war in Iran has already rattled global markets and driven oil prices to their highest levels since April 2024. If the conflict persists, the… Read More