Why Oil and Gas Markets Are Dreading the Risk of Supply Disruption in the Strait of Hormuz

CNBC01:20 ET

The Middle East conflict combined with a hurricane approaching, Brent crude oil rose above $80 for the first time in a month, with WTI crude oil temporarily rising over 4%.

Over the weekend until Monday, Israel was successively attacked by missiles from Lebanon and Hamas. Hurricane Milton rapidly escalated into a Category 5 hurricane in the Gulf of Mexico on Monday, threatening local fuel supplies. The meteorological department warned that the Tampa area in Florida will face the most severe storm in over a century.

wallstreetcn16:49 ET

Big Oil Doesn't Want Trump to Scrap Biden's Climate Law Entirely - Report

Seeking AlphaOct 7 06:29 ET

Crude Oil Futures Stable as Hurricane Milton Spirals Toward Florida

Seeking AlphaOct 6 18:22 ET

U.S. Drilling Rigs Post Seventh Drop in Eight Weeks, Baker Hughes Says

Seeking AlphaOct 4 14:05 ET

Oil Posts Largest Gain in Nearly a Year as Iranian Oil Facilities Could Be Targets

Seeking AlphaOct 3 18:55 ET