U.S. Threat to Blockade of Strait of Hormuz Likely Further Escalates Mideast Conflict
WTI crude oil futures were 8.5% higher and Brent crude oil futures were up 7.4%. The U.S.'s threat to blockade of Strait of Hormuz is likely to further escalate the war, CBA said.
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Oil Climbs Above $100 a Barrel Ahead of U.S. Blockade of Iranian Traffic Via Hormuz
Trump vowed to block all vessels passing through the Strait after weekend talks with Iran broke down, causing oil and natural gas prices to climb sharply.
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Baker Hughes to Sell Waygate Unit to Sweden's Hexagon For Around $1.45 Billion
Based in Germany, Waygate provides testing technologies to evaluate the structural integrity of materials across various industries.
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The 'Real' Oil Price Is a Lot Higher Than It Looks
Spot crude prices measured in the North Sea are trading above $135 per barrel.
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Oil just logged its worst week in 6 years as U.S.-Iran weekend talks raise a bigger question
Oil prices finished lower on Friday, with U.S. and global benchmark crude contracts posting their worst weekly percentage losses in nearly six years, as talks loomed between the U.S. and Iran.
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ARK Sells Shares of Nuclear Stock After Their Best Day Ever
Cathie Wood's firm sold a portion of its BWX Technology stake across two funds.
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Extent of Damage to Middle East Energy Facilities Key to Economic Impact, OECD Says
EXCLUSIVE: The impact of the war on global growth and inflation will partly depend on the damage caused to energy infrastructure, the research body said.
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Japan to Release Extra Oil Reserves Amid Middle East Uncertainty
Japan plans to release an additional 20 days' worth of oil reserves starting in early May, Prime Minister Sanae Takaichi said.
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More BP Investors Demand Proof That Fossil-Fuel Pivot Will Benefit Shareholders
Support grows for resolution to be voted on at AGM amid U.K. oil major 's shift away from a renewables-focused strategy.
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Energy & Utilities Roundup: Market Talk
Find insight on U.S. drilling rigs, oil futures, Canada's energy majors and more in the latest Market Talks covering energy and utilities.
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When Gas Prices Rise, They're Hard to Bring Down. Here's Why.
Despite the cease-fire in the Middle East, prices at the pump are still rising.
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Iran War Cease-Fire Can't Undo the Middle East's Energy Hangover
Widespread damage to oil-and-gas infrastructure in the Persian Gulf region is keeping supplies tight and prices elevated.
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Oil Prices Tumble Despite Conflicting Reports About the Strait of Hormuz
While prices have eased, there is a huge backlog of ships trying to get through the vital waterway and the two-week reprieve remains fragile.
(END) Dow Jones Newswires
April 13, 2026 07:00 ET (11:00 GMT)
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