Search Results for "Supply Disruption"
Oil Spikes as Trump Weighs New Iran Strikes, Igniting Supply Fears
Oil prices climbed on Monday as escalating Middle East hostilities and reports that President Donald Trump discussed restarting large-scale U.S. military operations in Iran heightened concerns over po…
Yemen Forces Reclaim Key Red Sea Port City from Iran-backed Houthis in Major Counteroffensive
Oil markets remain on edge over potential Middle East supply disruptions, with Brent trading around $100 a barrel as the risk of further escalation persists. Stakeholders assess operational and strate…
Trump Allows Cheaper, Dyed Diesel on Highways to Blunt Historic Fuel-cost Spike Ahead of Midterms
The U.S. national average price of diesel topped $6 a gallon in September for the first time ever, as fuel supply disruptions pushed up transportation costs in the country.
Philippines Inflation Set to Hit 5-Month High as Oil and Storms Bite
Philippine inflation likely accelerated to a five-month high of 6.8% in September, according to a median estimate of 19 economists, driven by higher oil prices and weather-related food supply disrupti…
Oil Crisis Averted? G7 Unleashes 100 Million Barrels After Trump's Export Ban Threat
The G7 has agreed to release 100 million barrels of oil and diesel in a coordinated effort to prevent further price spikes and avoid a potential ban on US diesel exports threatened by former President…
Eurozone Inflation Skyrockets to 3.8%, Highest in Three Years as Iran War Chokes Oil Supply
Eurozone inflation accelerated to 3.8% in September, a three-year high, as energy prices soared 18.8% year-on-year due to supply disruptions from the ongoing US-Iran conflict. The war has severely imp…