energy

War, weather and outages may still send gas prices soaring

Oil traders call Trump's Hormuz bluff at their peril Reuters

Brent oil rose above $85 a barrel for the first time in a month, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo.

The Philippine peso falls toward a record low as escalating tensions in the Middle East drove oil prices higher, putting renewed pressure on the currency.

Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to energy supplies could accelerate inflation.

OPEC further lowers 2026 global oil demand growth forecast Reuters

TORONTO--(BUSINESS WIRE)--GH Power Inc. and Matinas BioPharma Holdings, Inc enter into Business Combination Agreement.

OPEC further lowers 2026 global oil demand growth forecast Reuters

Iran widens attacks on US bases in Gulf, Hormuz tensions lift oil prices Reuters

European stocks were muted as declines in technology shares were offset by gains in the energy sector, which was lifted by higher oil prices.