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Crude oil surges as Brent nears $100 after the US announces an indefinite extension of the ceasefire with Iran

Business Staff Writer -
Brent and WTI rise as markets react to Washington’s extension of the Iran ceasefire. Crude oil futures spiked early on Wednesday, with Brent crude rising...

What alternative routes can Gulf countries use instead of the Strait of Hormuz for backup?

Energy Staff Writer -
Ambitious proposals, such as a canal linking the Gulf to the Arabian Sea, remain largely theoretical. Dubai: Disruptions to shipping through the Strait of Hormuz...

WTI and Brent crude prices slipped in early Asian trading amid expectations of upcoming Iran-US talks in Islamabad.

Energy Staff Writer -
WTI drops more than Brent as diplomacy hopes ease Middle East risk premium. Oil prices fell in early Tokyo trading on Tuesday (April 21, 2026)...

Is the petrodollar starting to crack? How the Iran war is putting global oil trade at risk.

Business Staff Writer -
As a ceasefire nears, rising oil prices and increasing yuan-based trades challenge the dollar’s dominance. Dubai: The global financial system’s dependence on the US dollar...

Oil prices jump: Brent rises to $96.30, WTI at $90.22 as Tehran rejects second round of US–Iran talks

Energy Staff Writer -
Energy markets rattle as Iran rejects renewed US talks, pushing oil prices higher. Oil prices surged in early Monday (April 20, 2026) trading in Asia,...
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