The vessel Lng Dubhe, a LNG tanker sailing under the flag of Hong Kong, leaves the Port of Bilbao after her stopover at the Bizkaia Bay Gas (BBG) regasification plant in the Spanish Basque city of Zierbena on March 9, 2026. (Photo by ANDER GILLENEA / AFP) US President Donald Trump on Saturday said countries […]
Other Countries ‘Must Take Care’ Of Hormuz Strait, Says Trump Read More »
SENATE President Pro Tempore Panfilo Lacson is calling for amendments to the country’s tax laws to allow the government to immediately suspend excise taxes on fuel, warning that the current system could delay relief for consumers amid rising global oil prices.Lacson said a key safeguard under the Tax Reform for Acceleration and Inclusion Law… https://www.manilatimes.net/2026/03/15/news/national/3-months-too-long-to-wait-before-cutting-fuel-taxes-lacson-says/2300120
‘3 months too long to wait before cutting fuel taxes, Lacson says Read More »
The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More than 30 nations in Europe, North America and Northeast Asia agreed to flood the market with 400
Oil drilling rigs Oil prices rose on Friday, closing above $100 per barrel as shipping disruptions in the Strait of Hormuz persisted and the US president threatened to intensify military strikes on Iran in the third week of the war. Brent crude futures for May delivery increased 2.67%, or $2.68, to $103.14 per barrel, recording
Oil posts weekly gains of over 11% Read More »
Donald Trump is deploying thousands of Marines to the Strait of Hormuz as fears grow that the US could put troops on the ground in the conflict. US Defence Secretary Pete Hegseth approved a request by US Central Command for the deployment of a Marine expeditionary unit, typically including several warships and 5,000 troops, sources
Article content (Bloomberg) — Australia’s Energy Minister Chris Bowen says rural and regional areas are facing “real and unacceptable shortages” of fuel, a ripple effect of the US-Israel war with Iran that has caused global oil prices to surge. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your
Australia’s Rural Areas Facing ‘Unacceptable’ Fuel Shortages Read More »
Bitcoin fell below the $70,000 level after declining about 4.8% over the past week, with traders increasingly watching the possibility of a move toward the $65,000 support zone as macroeconomic pressures weigh on market sentiment. Rising oil prices, higher U.S. Treasury yields, and expectations that the Federal Reserve may keep interest rates elevated have contributed
Bearish pressure targets $65K Bitcoin as Mutuum Finance reaches $230M TVL Read More »
Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. After briefly easing
How major US stock indexes fared Friday 3/13/2026 Read More »
Home Market News Dow Jones Today | US Stock Market Highlights: S&P 500 falls to new low for year on Iran oil crisis, posts third-straight losing week Dow Jones Today | US Stock Market Highlights: The S&P 500 fell on Friday (March 13), while oil prices extended their gains as investors awaited further developments in
By Julianne Geiger – Mar 13, 2026, 1:02 PM CDT Bank of America is warning investors not to chase oil prices higher if crude climbs above $100 per barrel, arguing that prices at those levels tend to trigger government and central bank responses aimed at cooling the economy. The bank said oil has already been
Bank of America: Sell Oil Above $100 Read More »
