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The Latest Breaking News from Rory Johnston

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

“Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t.”

Nobel laureate calls it 'treason': $580 million traded minutes before Trump's oil reversal

Nobel laureate calls it 'treason': $580 million traded minutes before Trump's oil reversal

Approximately $580 million of oil futures were sold before Trump shocked the markets with a dubious statement.

Trump's trillion-dollar TACO that wasn't: Iran confronts the master of the deal with a partner he can't bully

Trump's trillion-dollar TACO that wasn't: Iran confronts the master of the deal with a partner he can't bully

The "TACO trade" that rescued markets through the tariff wars may not survive a war with a regime that has nothing to lose — and knows it.

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Oil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’

Israel attacked the world’s largest natural gas field in a coordinated attack with the U.S.

Iran attacks threaten US economy with more uncertainty around inflation, growth

The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures

The Independent UK

Texas refineries see opportunity in Venezuelan oil amid Mexico export declines

As President Donald Trump seeks to boost U.S. investment in Venezuela’s oil fields, Mexico is poised to export less heavy crude to Gulf refineries, creating an opening for Venezuelan oil.

The Texas Tribune

Canadian Oil Stocks Sink by 7% as Venezuela Chaos Sparks Market Shock After US Ousts Maduro

TSX energy index falls 3.5% after US forces capture Maduro, as investors weigh the impact of Venezuelan crude on Canadian oilsands market share

International Business Times UK

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