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Oil surges to new wartime high
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· 42m
Oil surges to new wartime high as Trump mulls extended blockade of Iranian ports
Brent crude prices jumped sharply early Thursday. Meanwhile, Hegseth described lawmakers who criticize the war with Iran as “the biggest adversary.” Follow for live updates.
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· 1d
The Latest: United Arab Emirates Says It Will Exit OPEC, While US-Iran Negotiations Stall
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers.
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· 9h
Trump discusses continuing blockade of Iranian ports for months
The United Arab Emirates ditching the Organization of the Petroleum Exporting Countries is a significant blow to the Middle East’s ability to keep oil prices artificially high.
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