oil – Page 33 – Freedom 96.9

Iran’s unrelenting attacks on Mideast shipping and energy infrastructure send oil prices soaring

Thursday, March 12 by SRN News

DUBAI, United Arab Emirates (AP) - Unrelenting Iranian attacks on shipping traffic and energy infrastructure pushed oil above $100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight. Iran hit... Read More.

The Latest: Key oil price spikes over $100 as Iranian attacks hit shipping

Thursday, March 12 by SRN News

The price of Brent crude oil, the international standard, spiked back over $100 as Iranian strikes hit ships in the regions waters and the ongoing American-Israeli war with Iran showed so signs of slowing. Thursday's major developments include Iranian attacks against commercial ships around the... Read More.

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

Thursday, March 12 by SRN News

By Sam Li and Lewis Jackson BEIJING, March 12 (Reuters) - Oil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran. Brent futures rose $5.69,... Read More.

Shares skid, oil surges again as Iran attacks Gulf shipping

Thursday, March 12 by SRN News

(Corrects U.S. crude's move overnight in paragraph 2) By Stella Qiu SYDNEY, March 12 (Reuters) - Shares fell in Asia on Thursday as oil prices jumped on reports that more ships had been struck in the Strait of Hormuz and in Iraqi waters, fuelling inflation and... Read More.

Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut

Wednesday, March 11 by SRN News

By Shariq Khan, Jonathan Saul and Arathy Somasekhar NEW YORK/LONDON/HOUSTON, March 11 (Reuters) - Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other... Read More.

Trading Day: Oil and yields up, up, and away

Wednesday, March 11 by SRN News

ORLANDO, Florida, March 11 (Reuters) - Oil prices rose sharply on Wednesday despite a record release of global crude reserves, stoking inflation fears and lifting two-year Treasury yields to the highest since September. The weight on stocks was too much, and Wall Street ended... Read More.

Trump to invoke emergency law for California oil producer Sable, Bloomberg News reports

Wednesday, March 11 by SRN News

March 11 (Reuters) - U.S. President Donald Trump plans to invoke emergency law for Sable Offshore as it looks to restart production from a cluster of offshore platforms in California, Bloomberg News reported on Wednesday, citing a person familiar with the matter. Shares of Sable... Read More.

Canada looks for ways to increase oil production to curb price spikes from Iran war

Wednesday, March 11 by SRN News

CALGARY, March 11 (Reuters) - Canada will look at ways to increase its crude production to help global efforts to stabilize oil prices in the face of the Iran war, Natural Resources Minister Tim Hodgson said Wednesday. The Canadian government is talking to the country's... Read More.

Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says

Wednesday, March 11 by SRN News

By Georgina McCartney HOUSTON, March 10 (Reuters) - A surge in energy prices caused by the U.S.-Israel war with Iran will not lead to additional U.S. oil output without the market predictability needed to ensure more drilling, Andy Hendricks, CEO of oilfield services company Patterson-UTI,... Read More.

Global dealmaking in oil and gas upstream was muted in 2025, Enverus says

Wednesday, March 11 by SRN News

March 11 (Reuters) - Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025, totaling just $18 billion, analytics firm Enverus said on Wednesday. Fewer high-quality resources and lower oil prices limited the value of mergers and... Read More.

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