Early on Sunday, the U.S. entered the cauldron of the Israel-Iran conflict with a bombing of Iran’s nuclear facilities in support of Israel. The move has again prompted calls within Iran for a retaliation involving a shut down of the Strait of Hormuz, a key maritime artery for oil and gas shipments from the Persian
Posts published by “Gaurav Sharma”
As oil markets turn their attention to the year ahead, crude inventories stateside have perhaps offered the final pointer of 2024 marginally lifting futures prices in a largely flat week of characteristically low trading associated with the festive season. In a scheduled data release on Friday, the U.S. Energy Information Administration said the country's crude