Global oil markets

The article reports that disruptions tied to the conflict with Iran — including attacks that have largely closed the Strait of Hormuz — are elevating global oil-mark...

Analysts and media outlets report that Iran's Islamic Revolutionary Guard Corps (IRGC) has implemented de facto controls in the Strait of Hormuz, requiring vessels t...

Recent attacks by Iran on commercial shipping in the Strait of Hormuz prompted a short-term spike in oil prices and renewed concern about disruptions to global energ...

Global crude oil prices have been unusually volatile in recent weeks, swinging as much as $35 in a single day and trading near $110 per barrel. The volatility is lin...

This is a transcript of a June 14, 2026 interview on CBS's Face the Nation with Gary Cohn. Cohn said reopening the Strait of Hormuz could take time and that oil and ...