World
Oil Prices Surge: Hormuz Blocked, Talks at a Standstill
Global oil prices are climbing again as Washington and Tehran make no progress in talks over reopening the key maritime passage. Meanwhile, Yemen's Houthis intensify attacks on ships in the Red Sea, raising fears over energy supply security.
Economy
Oil Price Surpasses $90
Brent rose 2.55 percent on Tuesday, touching levels above $90 per barrel. Investors are increasingly skeptical of a quick reopening of the strategic strait, and analysts warn of further price increases.
World
Iran Strongly Condemns US-Saudi Attacks on Iraq, Oil Prices Surge
Escalation of Conflict in the Middle East: Joint US-Saudi Strikes on Pro-Iranian Forces Kill at Least 20, Trump Threatens 'a Good Beating', Iran Warns of Dangerous Consequences.
Politics
Australia builds first refinery in 60 years, oil price above $100
Due to Middle East war and rising oil prices, Australia invests in energy security; Fed decision remains key for markets.