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The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Renewed conflict in the Middle East sent crude prices up like an Iron Dome, and then down like a retaliatory strike. US ...
Crude oil and refined product futures prices were seeing gains Tuesday morning, pushed higher by escalations in the conflict between Israel and Iran.
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...
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Barchart on MSNStocks Pressured by Middle East Tensions and Weak US Economic NewsThe S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.18%, and the ...
New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...
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