US and Iran exchange attacks on oil tankers! US military claims to have "destroyed" three Iranian oil tankers, while Iran's Islamic Revolutionary Guard Corps reports attacks on multiple oil tankers and US vessels.
US and Iran exchange attacks on oil tankers.
Bessent: Oil prices to fall to $40 after Iran conflict ends, with bond yields declining accordingly
U.S. Treasury Secretary Bessent predicts that the global oil market will face a severe oversupply once the conflict in Iran ends, potentially driving oil prices down to $40–$50 per barrel and leading to a concurrent decline in bond yields and inflation. He noted that the correlation between current oil prices and interest rates has reached a record high.
Inflation Swap Rates Surge on Renewed Middle East Tensions
Oil Jumps 5% as the U.S. Strikes Iran and the Hormuz Risk Premium Returns
RBC Capital Maintains Sector Perform on USA Compression Partners, Raises Price Target to $31
RBC Capital analyst Elvira Scotto maintains USA Compression Partners (NYSE:USAC) with a Sector Perform and raises the price target from $30 to $31.
Reported Earlier, 'As War Strands Qatari Gas for 6 Months, US Sales Rise and European Stocks Plummet' - Reuters
Reported Earlier, 'As War Strands Qatari Gas for 6 Months, US Sales Rise and European Stocks Plummet' -
RBC Capital Maintains Sector Perform on Western Midstream, Raises Price Target to $47
RBC Capital analyst Elvira Scotto maintains Western Midstream (NYSE:WES) with a Sector Perform and raises the price target from $41 to $47.
RBC Capital Maintains Sector Perform on Cheniere Energy Partners, Raises Price Target to $65
RBC Capital analyst Elvira Scotto maintains Cheniere Energy Partners (NYSE:CQP) with a Sector Perform and raises the price target from $62 to $65.
Insider Trades: AMD, Micron and Coca-Cola Among Notable Names
Bitcoin Jumps Above $77,000, Gold Hits 3-Month Highs: Stock Market Today
U.S. equities steadied on Friday, clawing back a slice of a punishing week as Treasury yields stopped climbing and risk appetite returned to the most beaten-up corners of the tape. Bitcoin (CRYPTO:
Iran has vowed to deliver a “devastating response” to U.S. economic pressure, even as its president simultaneously called for an end to the war.
Iranian officials view the U.S. shift toward economic warfare as proof that Washington cannot achieve victory through military means, though there are clear internal divisions on how to respond. Meanwhile, analysts remain highly skeptical about the potential effectiveness of Trump’s “economic D-Day.”
Phillips 66 and Valero Lead S&P Energy Holdings With 'A' Growth Grades
Portfolio Check: The Biggest SA Quant Upgrades Over the Past Week
BofA Survey: Fund Managers Lift Year-end Brent Forecast
Vanishing Hormuz Traffic Marked the Bottom in Treasury Yields
Morgan Stanley Maintains Underweight on Enterprise Prods Partners, Raises Price Target to $41
Morgan Stanley analyst Robert Kad maintains Enterprise Prods Partners (NYSE:EPD) with a Underweight and raises the price target from $40 to $41.
Energy's Near 38% YTD Surge Marks 3rd-best Year Since 1990
Hormuz Traffic Grinds to a Halt Ahead of Ceasefire Expiration
WhiteWater, Devon and Partners to Build Two Permian Basin Gas Pipelines
What is the actual volume of oil flowing through the Strait of Hormuz? Data from the U.S. Department of Energy diverges from market tracking figures by a factor of two.
The U.S. Secretary of Energy stated that daily oil flows through the Strait of Hormuz reach 9 million barrels, whereas data from third-party vessel tracking firms such as Kpler indicate only about 4 million barrels, representing a nearly twofold discrepancy. The core of the controversy lies in the fact that numerous oil tankers disable their transponders to evade attacks, creating "shadow transits" and resulting in data blind spots. If tracking data were more accurate, the shortage risks facing the oil market would far exceed expectations.