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An EIA report showed that crude oil inventories along the U.S. Gulf Coast fell to their lowest level since December 2024 last week.
2026-10-28
An EIA report showed that crude oil inventories along the U.S. Gulf Coast fell to their lowest level since December 2024 last week.
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2026-10-28
WBG forecasts global energy prices will rise 32% in 2026 due to the Middle East war, reaching a four-year high.
WBG forecasts global energy prices will rise 32% in 2026 due to the Middle East war, reaching a four-year high.
2026-10-28
The Wall Street Journal, citing people familiar with the matter, reports the U.S. has asked several Gulf Arab states to prepare for a possible short, intense military strike on Iran after the U.S. midterm elections. Washington has conveyed the warnin
The Wall Street Journal, citing people familiar with the matter, reports the U.S. has asked several Gulf Arab states to prepare for a possible short, intense military strike on Iran after the U.S. midterm elections. Washington has conveyed the warning via diplomatic and military channels and, together with Israel, is reportedly preparing for fresh strikes intended to degrade Tehran—a move that could trigger significant escalation. U.S. forces are deploying a Patriot air‑defense battery from Texas, repositioning troops from vulnerable bases, replenishing munitions, and preparing bombers and fighters; a carrier strike group and a Marine expeditionary unit are also scheduled to join roughly 20 warships already operating in the region next month. Sources say President Trump has not decided but favors a post‑election large‑scale strike that could target Iranian infrastructure and nuclear sites.
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