The Virtual Tribune
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Strait of Hormuz Chokepoint Shakes Global Oil Markets
MUSCAT, July 9 — For communities across Asia that depend on stable energy prices, the Strait of Hormuz…
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Geopolitical Risk Drives Oil Prices Above $63 Per Barrel
LONDON, July 9 — For families and businesses watching the price at the pump, the petroleum market is…
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Oil Chokepoint: Strait of Hormuz Holds Global Energy Fate
MANAMA, July 9 — The Strait of Hormuz, a narrow waterway between Oman and Iran, remains one of…
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Rising Oil Prices and Supply Disruptions Hit US Consumers and Markets
MOSCOW, July 8 — Crude oil prices rose on Tuesday to over $100 per barrel, driven by fears…
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Trump, Khamenei Clash Over Iran Oil; OPEC Weighs In
VIENNA, July 8 — The Organization of the Petroleum Exporting Countries faces its most severe test in decades…
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Fears and a Narrow Buffer: Global Oil Market Tightens
NEW YORK, July 8 — A sharp spike in global crude oil prices in late March 2025 has…
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How Oil Price Shocks Impact the U.S. Economy and Gas Prices
WASHINGTON, July 8 — The mechanics of an oil shock are brutal and well-documented. When the price of…
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U.S.-Iran Conflict Scenarios: Potential Impacts on Oil Markets
WASHINGTON, July 8 — The United Nations Security Council is poised to meet under Resolution 2789, the framework…
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Oil Prices Surge on Middle East Supply Risks Amid US-Iran Tensions
SINGAPORE, July 8 — Crude oil prices climbed sharply today, with West Texas Intermediate crude rising above $[price]…
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Crude Oil Surge Drives Gasoline Prices Higher Nationwide
WASHINGTON, July 8 — The math on oil prices and inflation is straightforward, but the consequences ripple through…
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Historical Context: Previous US-Iran Oil Crises
WASHINGTON, July 8 — The 1979 Iranian Revolution sent shockwaves through the global oil market. For anyone who…
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Oil Prices Surge as Ceasefire Collapses in Key Energy Region
WASHINGTON, July 8 — Donald Trump, the 45th and 47th president of the United States, has been a…
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Oil Surge Raises U.S. Gas Prices, Squeezes Consumer Spending
WASHINGTON, July 8 — The 5.8 percent surge in oil prices on March 30, 2025, is set to…
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Iran’s Oil Output Drops From 2.5 Million Barrels Under Sanctions
TEHRAN, July 8 — Iran’s petroleum sector, a pillar of the national economy for decades, continues to operate…
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Oil Price Volatility: Mechanics and Geopolitical Triggers
NEW YORK, July 8 — By the numbers, the figure that matters in oil markets today is 3.5…
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Strait of Hormuz vital conduit under strain as global oil shipments hinge on fragile chokepoint
MANAMA, July 8 — The Strait of Hormuz, a narrow waterway between Iran and Oman, remains the world’s…
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Oil Price Volatility and Production Shifts Since 2023
LONDON, July 8 — The shift in oil markets is becoming harder to ignore. Since 2023, prices have…
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U.S. Strategic Petroleum Reserve Stabilizes Oil Markets in Crises
WASHINGTON, July 8 — The U.S. Strategic Petroleum Reserve sits at its lowest level since 1983, a stark…
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Historical Precedents: Oil Price Spikes During U.S.-Iran Conflicts
WASHINGTON, July 8 — For decades, the link between tensions in the Persian Gulf and the price of…
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U.S.-Iran Oil Tension: Trump, Iran, OPEC Key Players
WASHINGTON, July 8 — Under the hood of the Trump administration’s Iran policy sits a complex interplay of…
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Oil Spikes in U.S.-Iran Conflicts: 1979-2020 History
TEHRAN, July 8 — The 1979 Iranian Revolution stands as one of the most consequential shocks in modern…
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Iran’s Oil Infrastructure and Export Capacity: Key Facts and Figures
TEHRAN, July 8 — A newly released internal assessment from the National Iranian Oil Company (NIOC) places the…
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Energy Secretary Granholm Weighs Strategic Oil Reserve Release
WASHINGTON, July 8 — On the ground at the Department of Energy, Secretary Jennifer Granholm is navigating one…
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Oil Prices Jump After U.S.-Iran Ceasefire Ends in March 2025
LONDON, July 8 — The oil market is once again staring down the barrel of geopolitical risk, with…
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