Oil Soars Over 10% In OTC Trading, Whether That Sticks Depends On How Long The War Lasts

President Trump has issued a series of threats vowing to launch more attacks on Iran after the Iranian military targeted US bases in the region in response to US strikes across Iran’s southern Hormozgan province. On Wednesday morning, the president said on Truth Social that Iran has “taken too long to negotiate a deal that […]

Maersk CEO Warns Iran War Is A "New Wake-Up Call" For Global Trade It is becoming increasingly clear that reopening the Strait of Hormuz has become a top U.S. priority (really a global priority) , as oil executives and industry insiders warn that the clock is ticking toward an energy and global trade shock if the maritime chokepoint remains closed for another month. Frederic Lasserre, head of research at Gunvor, one of the world's largest oil traders, warned earlier this week: "The tipping point is clearly June. This is the point...

Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries An explosion and large plumes of smoke at the Valero refinery in Port Arthur prompted officials to order west-side residents to shelter in place according to 12 News Now.  🚨 Jefferson Co. Commissioner says “I'm asking people to stay tuned because if this chemical is deemed to be toxic or carcinogenic … then I guarantee we're going to order to evacuate.” pic.twitter.com/MVpOu5b28M — Chief Nerd (@TheChiefNerd) March 24, 2026 Witnesses across the Mid-County area reported hearing a loud...