Oil

Oil markets on edge, Trump heads to G-7 summit, the Paris Air Show, and more news to start your day.

Almost a third of the global seaborne oil trade moves through the Strait of Hormuz. Any interruption could send crude prices soaring. Plus, investment newsletter commentary on the job market, small-caps, emerging market bonds.

Only a more severe damage to energy infrastructure or disruption of transit through the Strait of Hormuz, a key route for tanker traffic, would produce a lasting rise in energy prices.

Thirty percent of the world’s seaborne oil trade flows through the Strait of Hormuz. Iran and its proxies could block it.

Analysts say oil prices could surge to more than $100, and perhaps as high as $120, if the conflict grows substantially.

Shares of oil companies and defense contractors rise after Israel launched an attack on Iran’s nuclear facilities.

Analysts believe the conflict is just beginning. The economic damage of escalation would ripple through the global economy.

The index still has to trade a new high, something that would be easier to do if it can surpass 6079, a key technical level.

Crude benchmarks are on course for their biggest one-day rise since March 2022.

Israel strikes Iran, dollar’s slump is worst since 1980s, immigration raids cripple factories, and more news to start your day.

The extent of any damage wasn’t immediately clear.

The price has climbed because of U.S.-China trade deal and heightened tensions between the U.S. and Iran.

The group’s production decisions have confused the oil market. We will soon know how deep the cartel plans to dig in, Ben Cahill writes in a guest commentary.

Various factors, including the start of summer driving season, have likely driven a recent crude spike.

The projection comes after oil had its best week of the year.

Crude benchmarks jumped by more than 3% after Ukraine destroyed more than 40 warplanes in Russia.

China says it hasn’t violated trade deal, jobs data set the tone for markets, oil, gold prices jump, and more news to start your day.

The projects would be a boon for Pennsylvania gas producers such as Expand Energy and Coterra Energy.

OPEC is pumping, oil prices are falling, sale producers are pulling up rigs. Our Roundtable pros see plenty of opportunity.

There is little to suggest Russia feels serious pressure from the president to end the fighting, Angela Stent writes in a guest commentary.

Oil prices are falling as the commodity gets squeezed by supply and demand woes: rising output from OPEC and soft demand from tariffs. Investors hope the big producers retrench.

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest commentary.

Diamondback Energy’s CEO told shareholders that “prices, volatility and macroeconomic uncertainty” threaten U.S. oil production. He might be addressing leaders in D.C. as well.

Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for energy prices.