Tonight, as the US conducts a fourth consecutive day of air strikes against targets in Iran, a reversal from President Trump, abandoning a plan to charge protection fees to ships in the Strait of Hormuz Barely 24 hours after first proposing it. >> I put it out yesterday. I thought it was good. I was called by different people, different countries, kings and amirs, and they said, "We'd love to do it a different way. We'd love to invest in the United States with billions and billions of dollars. >> No allied ...

Refined products such as diesel, jet fuel and petrol are increasingly scarce. And unless flows through the Strait of Hormuz resume, the crunch could get much worse https://t.co/IvhpdpXB4r ...

Ray, it's always good to have you on the program. Uh, you know where we are right now. It seems to be kind of where we were a few months ago, which is back to to fighting.Is that is that incorrect. Well, you got to see this sort of a cycle of war and peace often in this particular conflict, because there is no ultimate resolution of this passage of waterways. What we saw with the memorandum of understanding that was signed between the two powers, particularly provision five, was subject to a lot of differen ...

If the shooting stops in the Gulf and the Strait of Hormuz reopens reliably, Asian refining resurges and Russian output recovers, supply will return just as the summer ends. But those are big ifs https://t.co/a4wNjb6DiL ...

Rising oil prices are only part of the problem https://t.co/Iml1f7HhFG ...

JUST IN: 🇺🇸 US advances plans to build an Iraq-Syria oil pipeline to bypass the Strait of Hormuz. ...

America’s president cannot bomb the Strait of Hormuz open; Iran cannot profit if it is shut. The least bad option for both sides is the deal they are busy shooting to bits https://t.co/8NfiFaqgEn ...

The European Union’s executive arm wants to adopt recommendations next week delaying penalties on energy imports that fail to comply with the bloc’s controversial methane emissions regulation. https://t.co/xJpJnYeuHj ...

Fuel markets in the US and Europe are flashing record tightness as tensions flare up in the Middle East, threatening more pain for consumers already strained with high prices at the pump https://t.co/fDTFlYn3B1 ...

Oil prices surged after President Trump threatened to impose a transit toll on cargo passing through the Strait of Hormuz, raising fresh concerns over global energy supplies. CNBC's Dan Murphy reports. ...