Topic

oil prices

2 articles

Oil Prices Surge on Fears of Extended Supply Disruption and Iran Port Blockade

Oil prices surged more than 6% on Wednesday, hitting multi-week highs amid fears of prolonged supply disruptions in the Strait of Hormuz and a U.S.-led blockade of Iranian ports. The White House confirmed President Trump held talks with oil executives to discuss sustaining the blockade for months.

Apr 30, 2026

World

US-Iran talks remain deadlocked, experts warn of 'long-term disruption'

The US-Israel war with Iran enters its 60th day in deadlock, with oil prices soaring and inflation rising. Experts warn of long-term global economic disruption, even after a potential ceasefire, as negotiations remain stalled.

Apr 29, 2026