US airstrikes on Iran reignited conflict, prompting Tehran to close the Strait of Hormuz and target US bases, raising global energy and trade concerns.
Trump’s threats against Iran have pushed Brent and WTI oil prices sharply higher, underscoring the impact of geopolitical tensions on global energy markets and corporate strategies.
Iran accuses the U.S. of ceasefire violations after American forces seized an Iranian cargo ship in the Gulf of Oman, complicating diplomatic negotiations and regional stability.
The US extends its suspension of sanctions on Russian oil sales until May 16, balancing geopolitical pressure with global energy market stability amid rising Russian revenues.