USO USO

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Latest News

Trump Identifies Strait of Hormuz as Sole Iranian Strategic Asset

President Trump stated that the Iranian government currently possesses no significant geopolitical or economic leverage beyond its influence over the Strait of...

Saudi Arabia Oil Capacity Drops 600,000 Barrels Daily Following Infrastructure Attacks

Saudi Arabia’s Energy Ministry reports a reduction of 600,000 barrels per day in the nation's oil production capacity. This decline follows targeted attacks on...

US and Iran to Hold In-Person Peace Talks in Pakistan Saturday

US and Iran to Hold In-Person Peace Talks in Pakistan Saturday

United States and Iranian officials are scheduled to convene in Pakistan this Saturday for direct peace negotiations. According to Fox News, the high-level...

Iran Parliament Speaker Accuses US and Israel of Violating Three Proposal Clauses

Iranian Parliament Speaker Mohammad Bagher Ghalibaf officially alleged that the United States and Israel violated 3 distinct sections of a 10-point diplomatic...

Israel Excluded From Iran Negotiations and Ceasefire Agreement Consultations

Israel remained excluded from formal participation in recent negotiations with Iran and received notification of the finalized agreement only during its...

Iran Halts Oil Tanker Traffic Through Strait of Hormuz Amid Regional Escalation

Iran’s Fars News Agency reports that oil tanker transit through the Strait of Hormuz has officially ceased. This strategic maritime corridor is essential for...

Drone Attack Strikes Saudi Arabia's Seven Million Barrel Per Day Oil Pipeline

Saudi Arabia's East-West pipeline, which transports 7 million barrels of crude oil daily, was targeted in a drone attack. This infrastructure serves as the...

Trump Announces US Support for Strait of Hormuz Traffic and Iran Reconstruction

President Trump announced the United States will provide assistance to manage maritime traffic congestion within the Strait of Hormuz. This strategic...

China and Russia Block UN Resolution Protecting Commercial Shipping in Hormuz Strait

China and Russia exercised their veto power against a United Nations resolution designed to safeguard commercial maritime traffic within the Strait of Hormuz....

Iranian Official Issues Counter-Ultimatum Warning Trump Allies of Imminent Destruction

A strategic advisor to Iranian Parliament Speaker Ghalibaf issued a formal response to President Trump’s 48-hour ultimatum. The official asserted that the U.S....

US Crude Oil Hits $115.50 Following 110 Percent Rally Since December

US crude oil prices have advanced to $115.50 per barrel, extending a rally that has seen costs rise 110% since the lows established in December 2025. This...

Trump May Postpone Tuesday Iran Deadline Pending Potential Agreement Progress

President Trump is considering a postponement of the Tuesday 8 PM ET deadline regarding Iran if negotiations indicate a deal is nearing completion. According...

US Military Identifies Iran Energy Targets Ahead of Tuesday Peace Deal Deadline

President Trump established a final deadline of 8 PM ET this Tuesday for the completion of a peace agreement with Iran. According to reports from the Wall...

Iranian Light Crude Hits One Dollar Premium Over Brent Benchmark

Iranian Light crude oil prices have surpassed the Brent benchmark, reaching a premium of $1 per barrel. This pricing shift marks the first instance of Iranian...

Iran Submits 10-Point Response to US Peace Plan for Regional Stability

Iran delivered a 10-point counter-proposal to the United States regarding a framework to terminate ongoing regional hostilities. The Iranian document outlines...

White House Evaluates Proposed 45-Day Ceasefire to Halt Iran War Conflict

Recent reports indicate a potential 45-day cessation of hostilities in the Iran War has emerged as a primary diplomatic consideration. This specific timeframe...

Iran Rejects Ceasefire Proposal and Formulates Response to US Peace Plan

Iranian leadership has declined a proposal for a temporary ceasefire and finalized a formal response to United States demands for ending the war. According to...

Energy Secretary Chris Wright roils oil markets, after false Hormuz tweet

U.S. Energy Secretary Chris Wright triggered extreme volatility in crude oil prices on Tuesday. The deleted social media post incorrectly claimed the U.S. Navy...