Vanguard Energy Index Fund ETF Shares News - March 24, 2026
Saudi Arabia pumps 4M bpd through Yanbu, bypassing Hormuz blockade
Saudi Arabia increased crude oil exports from its Red Sea port of Yanbu to nearly 4 million barrels per day (bpd). This strategic shift bypasses the Strait of...
Iran-Israel Conflict Drives Oil Past $103, Following Infrastructure Strikes
The Iran-Israel conflict escalated on March 24, 2026, after Iran’s parliament speaker denied de-escalation talks. Israeli and U.S. strikes targeted gas...
Enverus forecasts $100 Brent by 2027, citing Strait of Hormuz closure
Enverus Intelligence Research (EIR) raised its global oil price outlook due to escalating Middle East conflict. Brent crude is expected to average $95 per...
U.S. taps oil reserves for 1.5M bpd, fighting Iran conflict crisis
U.S. Energy Secretary Chris Wright announced a plan to release 1 to 1.5 million barrels of oil per day from the Strategic Petroleum Reserve. He delivered the...
🟢 VDE is trading 2.4% up today as Middle East conflict fuels oil price surge
VDE is trading 2.4% up today as Brent crude prices surged 3.5% to $103.47 per barrel following escalating U.S.-Iran tensions and airstrikes on energy...
Chevron CEO Warns Markets Underestimate Hormuz Closure, Citing Severe Supply Shocks
Chevron CEO Mike Wirth warned at the CERAWeek conference that global energy markets are underpricing the Strait of Hormuz closure. He stated that futures...
TotalEnergies scraps U.S. wind for $1B, pivoting to fossil fuel projects
The Trump administration will reimburse TotalEnergies nearly $1 billion to abandon two major offshore wind projects. These projects targeted the coasts of New...
US-Israeli Forces Strike Iranian Energy Assets, Ending Five-Day Military Pause
US and Israeli forces conducted coordinated strikes on energy infrastructure in Isfahan and Khorramshahr early Tuesday. The attacks damaged a gas...
Chevron Warns Oil Markets Underprice Supply Risks, Citing Hormuz Closure
Chevron CEO Mike Wirth warned at the CERAWeek conference in Houston that oil futures markets underprice supply disruptions from the Strait of Hormuz...