Foundry Fuel Products News

Crude Oil Prices Surge on Middle East Tensions

Brent crude reaches $114.35/bbl while WTI touches $101.50/bbl as escalating Middle East tensions drive significant price increases in global oil markets.

Oil Surges Over $1/BBL on US-Iran Energy Threats

Oil prices jumped over $1 per barrel amid escalating tensions as the United States and Iran exchange threats to target energy infrastructure in the Middle East region.

Starmer & Trump Discuss Strait of Hormuz Reopening

UK PM Starmer and Trump agree on critical importance of reopening Strait of Hormuz for global energy market stability and shipping, according to Downing Street statement.

UK PM Starmer Holds Phone Call with US President Trump

British Prime Minister Starmer conducted a telephone conversation with US President Trump this evening, according to official confirmation from Downing Street.

U.S. Warns of Potential Ground Operation on Iran's Kharg

U.S. officials reportedly warn counterparts about potential ground operation to capture Iran's Kharg Island, according to Jerusalem Post report.