Record High US Crude Premiums: Implications for Investors and Businesses in Asia and Europe
Spot premiums for US West Texas Intermediate crude have surged to record highs as Asian and European refiners compete for
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Spot premiums for US West Texas Intermediate crude have surged to record highs as Asian and European refiners compete for
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Oil prices rose as U.S. President Trump warned Iran of "hell" if it doesn't reopen the Strait of Hormuz by
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Oil prices surged as Trump threatened military action against Iran, raising concerns about supply disruptions. Brent crude rose above $111
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U.S. oil prices surged over 11%, with Brent rising nearly 8%, amid fears of prolonged supply disruptions after President Trump
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Markets fell on war jitters over Iran as stocks slid, oil surged above $100 per barrel, and the dollar strengthened.
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China and Hong Kong stocks fell after President Trump's speech offered no clear timeline to end the Iran conflict. Oil
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Markets are now trading a 'two or three week' war timeline based on Trump’s comments, fueling global movements. This has
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Oman’s crude oil price surged to $124 per barrel in May 2026, driven by disruptions from the US-Iran war. The
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Oil prices surged as Brent crude jumped $3.20 to $115.77 a barrel, marking a record monthly rise. This comes amid
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Oil prices surged as Asian stocks fell amid escalating US-Israeli tensions in Iran, affecting energy supplies. Israel conducted strikes, prompting
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