Crude Surges as Hormuz Peace Deal Falters

Oil Hits Seventy-Four Dollars as Trump Declares Ceasefire Over

Global crude prices surged to $74 per barrel following an official declaration by US President Donald Trump that the temporary ceasefire with Iran has ended. The sudden market reaction snapped a multi-week downward trend that had previously dragged benchmarks toward the $70 floor. Energy traders immediately adjusted their risk premiums in response to the renewed…

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Trump Announces Direct Talks Between Israel and Lebanon

Trump Orders Five-Day Ceasefire for Iran Peace Talks

US President Donald Trump has halted threatened strikes on Iranian energy infrastructure, declaring a five-day ceasefire to pursue a “complete and total resolution” of hostilities. The reversal comes less than 24 hours after the President threatened to dismantle Iran’s electricity grid, a move that sent global markets into a tailspin. In a characteristically blunt announcement…

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