Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal
[ad_1] US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was […]
Iran partially closes Strait of Hormuz, a vital oil chokepoint, as Tehran holds talks with U.S.
[ad_1] Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images Iran partially closed the strategically vital Strait of Hormuz on Tuesday, state media reported, citing “security precautions” as Tehran’s Revolutionary Guards […]
What’s next for Cuba? Trump turns the screws as the island runs out of jet fuel
[ad_1] Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse […]
After weeks of tension, Trump is still talking tough on Iran. Here’s what could happen next
[ad_1] The prospect of a U.S. attack on Iran has roiled oil prices this year, but analysts tell CNBC a strike would require more military commitment and be more complicated, than the U.S. is prepared for. Stock Chart IconStock chart icon Brent crude April futures Tensions are high, and despite talks last week in Oman, […]
BP shares fall 5% after oil major suspends share buyback plan
[ad_1] Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying […]