Predicting is easy. Predicting accurately is another story altogether. However, I feel good about making the following prediction: Occidental Petroleum (NYSE: OXY) stock is a buy before May... Read more
Tanker traffic through the strait ground to a halt again within hours of Trump’s announcement. The blockade risks drawing ire from countries buying Iranian oil, including China and Ind... Read more
Stocks show muted reaction despite moves to blockade the Strait of Hormuz. Investors increasingly view geopolitical shock as temporary, not a long-term market catalyst: analysts. Risks to Ho... Read more
Oil giant BP is bracing for a possible shareholder revolt at its annual general meeting. It follows a contentious decision from BP’s board to block a climate resolution and a recommend... Read more
TOKYO (AP) — Oil prices resumed their climb and Asian markets mostly declined Monday as the U.S. military prepared to blockade ships entering or leaving the Strait of Hormuz, where most ship... Read more
This article was written by 785 Followers Follow I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a... Read more
Failed U.S.-Iran talks revived fears of a longer war and deeper market strain. Oil jumped above $100 as Washington prepared a blockade on Iranian port traffic. Asian markets opened lower as... Read more
The U.S. military will implement a blockade of Iranian ports starting Monday at 10 a.m. ET, according to U.S. Central Command. The blockade comes after peace talks with Iran failed to produc... Read more
NEW YORK (AP) — Oil prices rose in early market trading Sunday after the U.S. said it would blockade Iranian ports beginning Monday. The price of U.S. crude oil rose 8% to $104.24 a barrel a... Read more
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