US and Iran exchange attacks on oil tankers! Iran warns of new "restricted zone" in the Strait of Hormuz, vowing faster, heavier, and more painful retaliation
Renewed hostilities between the United States and Iran have erupted around the Strait of Hormuz, with oil tankers and unmanned systems coming under successive attacks. Iran has threatened to establish new restricted zones and warned that its retaliation would be "faster, heavier, and more painful," even as it grapples with obstructed oil exports and economic distress.
U.S. military strikes three Iranian oil tankers for the first time, escalating Strait of Hormuz tensions from "targeting infrastructure" to "disrupting transport"
The nature of the military conflict between the United States and Iran underwent a significant shift this week. As U.S. military strikes targeted crude oil tankers in transit for the first time, moving beyond coastal military facilities, this marks a formal escalation from "targeting production capacity and infrastructure" to "disrupting transportation corridors." Consequently, market focus has shifted from "the extent of Iran's production cuts" to "whether the U.S. military intends to systematically sever Iran's crude oil supply chains," prompting a reassessment of global crude oil pricing logic.
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.
Citadel Sets Sights on U.S. Shale Oil Assets! Previously Bid for WildFire, Ultimately Outmaneuvered by $4 Billion Deal
Citadel is targeting U.S. shale oil assets and has recently engaged with multiple private equity firms to pursue acquisitions. It had previously bid for WildFire Energy, but the asset was ultimately acquired by Magnolia Oil & Gas for approximately $4.06 billion. This reflects an accelerating trend among hedge funds and commodity traders to build positions in physical energy assets, leveraging production capacity to hedge against oil price volatility and geopolitical risks, while further expanding their physical asset exposure within commodity trading operations.
JP Morgan Maintains Neutral on Plains GP Holdings, Raises Price Target to $27
JP Morgan analyst Jeremy Tonet maintains Plains GP Holdings (NASDAQ:PAGP) with a Neutral and raises the price target from $24 to $27.
Citigroup Maintains Buy on ONEOK, Raises Price Target to $108
Citigroup analyst Spiro Dounis maintains ONEOK (NYSE:OKE) with a Buy and raises the price target from $97 to $108.
Express News | Trump: Ready to strike Iran again; we have full control of the strait
U.S. President Trump met with executives from the U.S. tourism industry at the White House on Wednesday local time, during which he again addressed the issue of Iran. Trump stated, "The Iranian regime is collapsing. A new round of strikes against Iran will not take long to prepare for, and we are ready to launch another strike against Iran in the future. We have full control over the Strait of Hormuz, through which millions of barrels of oil are exported daily. I hope domestic retail gasoline prices will decline."
According To O Globo Citing British Petroleum, Shell Will Be Acquiring A 50% Stake In Tupinambá Exploration Block, With BP Retaining The Remaining 50% And Continuing As Operator
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Truist Securities Maintains Hold on ONEOK, Raises Price Target to $104
Truist Securities analyst Gabe Daoud maintains ONEOK (NYSE:OKE) with a Hold and raises the price target from $93 to $104.
Venezuela’s oil output is set to double, yet Trump discovers that U.S. “oil abundance” does not equate to “cheap gasoline.”
The United States is pushing energy giants such as Chevron to return to Venezuela, with Energy Secretary Wright projecting that local oil production will more than double in the coming years. However, industry experts caution that rebuilding oil fields could take over a decade, and U.S. refining capacity is already near its limit, making it difficult for Trump to rapidly lower gasoline prices through increased output.
Bessent: The Strait of Hormuz could be "bypassed" within two years, becoming a "worthless waterway"
U.S. Treasury Secretary Bessent predicted that "in two years, the Strait of Hormuz will become a worthless body of water, with crude oil transportation shifted to overland pipelines." However, analysts pointed out that this forecast underestimates the time and cost required for such a rerouting. Currently, Brent crude oil prices have risen from $72 per barrel before the conflict to $94, while the average price of gasoline in the United States has also surged significantly.
The 60/40 Portfolio Is Facing a Fresh Test. These ETFs Can Diversify Oil and Rate Risk
The traditional 60/40 portfolio is facing a fresh test as rising oil prices and Treasury yields put pressure on both stocks and bonds.U.S. crude rose 5.8% to $90.75 a barrel Tuesday, while Brent
These 7 Energy Stocks Are Rallying as Crude Tops $90 on US Strikes in Iran
Oil and gas stocks rallied Tuesday after U.S. Central Command announced that American forces had begun striking Islamic Revolutionary Guard Corps targets in Iran.The strikes followed overnight
Trump warned that Iran would face more severe strikes if it retaliates; Iran vowed a large-scale counterattack. Following an attack on Iran's key energy hub port, oil prices rose sharply.
Trump stated that the U.S. military is striking Iranian targets near the Strait of Hormuz in retaliation for Iran's alleged attempts to lay mines in the strait and attack U.S. bases in Jordan. He warned that any Iranian counterattack would face "more intense and higher-intensity" strikes, adding that the U.S. is planning a "final blow" that would leave Iran with "little remaining." According to Iranian media, Iran has launched missiles and drones at enemy positions, and the key energy hub of Assaluyeh Port was attacked by U.S. forces. U.S. crude oil prices rose above $90 per barrel for the first time since late July. Markets now estimate a 68% probability of a Federal Reserve rate hike in September.
$1000 Invested In ExxonMobil Holdings 5 Years Ago Would Be Worth This Much Today
ExxonMobil Holdings (NYSE:XOM) has outperformed the market over the past 5 years by 13.38% on an annualized basis producing an average annual return of 24.47%. Currently, ExxonMobil Holdings has a
The U.S. and Venezuela Reach an Oil Agreement, Yet Why Do Oil Majors Remain Deeply Skeptical?
Trump has adopted an aggressive strategy to deepen engagement with Venezuela through an unprecedented "century-long lease." However, this bold gamble aimed at reshaping energy security is facing multiple uncertainties due to the emergence of controversial partners and the wait-and-see stance of industry giants.
Here's How Much $100 Invested In Energy Transfer 5 Years Ago Would Be Worth Today
Energy Transfer (NYSE:ET) has outperformed the market over the past 5 years by 6.28% on an annualized basis producing an average annual return of 17.39%. Currently, Energy Transfer has a market
Express News | U.S. Officials: Trump May Approve Resumption of Strikes Against Iran
According to Axios, three U.S. officials revealed that Trump and his senior aides have been considering launching limited strikes in the Strait of Hormuz to prevent Iran from rebuilding its radar and missile capabilities for attacking vessels. The plan may be approved following exchanges of fire between the two sides over the weekend. Reportedly, the plan was formulated by U.S. Central Command over the past week and has received support from Defense Secretary Hegseth, but it had not yet secured Trump’s approval prior to this weekend’s clashes with Iran. However, he may approve the plan after the latest escalation. One U.S. official stated that the rationale behind the plan is to reduce the risk of Iranian attacks on oil tankers, U.S. Navy warships, and Air Force aircraft. U.S. officials indicated that Central Command is concerned about Iran’s attempts to rebuild its radar, air defense, and anti-ship missile capabilities in the strait to target vessels more precisely.
Tensions in the Strait of Hormuz escalate further: Super tanker suspected of hitting a mine, Trump threatens "severe strike"
Tensions between the U.S. and Iran have escalated again in the Strait of Hormuz, with a supertanker reportedly catching fire after a suspected mine attack, amid mutual strikes by U.S. forces and Iran. Trump stated that the U.S. would retaliate against Iranian attacks on its base in Jordan, continuing to hint at potential "retribution" against Kharg Island. Brent crude briefly surpassed $91 per barrel, while diesel crack spreads approached $100, as market concerns over energy supply disruptions surged sharply. Key focus moving forward will be on the escalation of the conflict and actual crude oil flows through the Strait of Hormuz.