The Iran war revealed a longstanding conflict within the world’s most influential oil cartel, which came to a head this spring as it faced the largest oil supply shock ever recorded. OPEC, the largest consortium of oil-producing nations, now confronts Read More …
The ongoing US-Israeli conflict with Iran, now entering its third week, is undermining expectations for any interest rate reductions by the Federal Reserve this year. The conflict has triggered the most significant disruption to oil supply ever recorded, resulting in Read More …
A significant disruption to global oil production propelled crude prices past the $100 mark on Monday, marking the first occasion in almost four years, before ultimately stabilizing just under that threshold. As the conflict with Iran continues, oil futures may Read More …