Dossier
Global oil markets
Coverage of Global oil markets in the Nexus archive.
- Oil prices jump as Hormuz, Red Sea crises deepen
Renewed strikes on shipping in the Gulf and the Red Sea have caused oil prices to rise, dealing a fresh blow to global oil markets. The crises in Hormuz and the Red Sea are key factors driving the increase.
- Trump’s Epic Fury Can’t Resolve His Iran Quagmire
Trump's anger over Iran is not resolving the situation, and global oil markets face increasing time pressure. Iran is positioned with strategic time advantage.
- California drivers could face a costly summer at the pump amid high gas prices
California gas prices are rising due to the Iran war, and summer travel season may worsen the situation. Global oil markets remain disrupted, affecting gas prices. California drivers may face costly summer at the pump.