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Trump brushes off high fuel costs as ‘fake’ in economic speech
New York Times, Published on 17/04/2026
» LAS VEGAS — United States President Donald Trump on Thursday dismissed high fuel costs amid his war with Iran, claiming that the economic damage inflicted by the war was much less severe than expected.
Oil prices fall for a second day on expectations US-Iran talks may resume
Reuters, Published on 15/04/2026
» TOKYO: Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz.
Oil tankers steer clear of Hormuz ahead of US blockade
Reuters, Published on 13/04/2026
» SINGAPORE - Oil tankers are steering clear of the Strait of Hormuz ahead of a US blockade later on Monday following failed peace talks between the United States and Iran over the weekend, shipping data showed.
Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz
Reuters, Published on 13/04/2026
» SINGAPORE: Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could restrict Iranian oil shipments after the U.S. and Iran failed to reach a deal to end the war.