Markets
Oil Markets Whipsaw on Iran Peace Hopes as Middle East Damage Mounts
Ceasefire talks and diplomatic overtures sent oil prices tumbling this week, but the underlying damage to Gulf energy infrastructure tells a grimmer story about recovery timelines.
Editorial Team · Apr 17, 2026
Markets
Oil Prices Plunge 10% as Strait of Hormuz Reopens, Reshaping Energy Markets
Iran declares the Strait of Hormuz 'completely open' during ceasefire, triggering sharp oil price declines and reshaping global energy trading dynamics.
Editorial Team · Apr 17, 2026
Oil & Gas
Weekly Energy Market Recap: Apr 10 - Apr 17, 2026
Oil prices plummeted 10% this week following Iran's announcement that the Strait of Hormuz is fully open, while U.S. natural gas exports surge on LNG expansion and Mexico pipeline demand. Meanwhile, renewable energy projects advance globally and mining companies accelerate electrification initiatives.
Editorial Team · Apr 17, 2026