Global oil prices rebound as US rejects Iran's proposal VnExpress Crude oil prices surged after Trump rejected Iran's peace proposal and its offer to reopen the Hormuz Strait.
US oil industry warns of fuel crisis VnExpress For months, US oil industry leaders have warned that a prolonged closure of the Hormuz Strait would cause a fuel crisis, and now it has happened.
World oil prices surpass 100 USD VnExpress Middle East conflict escalation pushes Brent oil to 100 USD a barrel, a more than 25% increase since early last month.
Venezuela considers leaving OPEC VnExpress On 27/8, Bloomberg, citing sources, reported that Venezuela is considering withdrawing from the Organization of the Petroleum Exporting Countries (OPEC).
The declining power of OPEC+ VnExpress Six months after the conflict in the Middle East, the world's most powerful oil alliance can no longer influence the market it once led.
How Iran can respond to US economic pressure VnExpress Tehran could block the flow of Middle Eastern crude oil and even attack Gulf nations if its economy faces further pressure.
Global energy market flashes warning signals VnExpress Global fuel supply faces crisis as three of four major refining hubs encounter difficulties, driving up prices for gasoline, diesel, and jet fuel.
Global oil prices fall sharply, reaching a three-week low VnExpress Brent and WTI crude are below USD 80 a barrel, as talks to reopen the Strait of Hormuz progress.
