Monday, 28 July 2025 () Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff agreement, averting a major trade war. The framework sets U.S. tariffs on most EU goods at 15%, down from previously threatened levels, and includes EU commitments to purchase U.S. energy and invest in American industry. The agreement helped shore up demand sentiment—but traders remain cautious ahead of what is set to be a big week for oil prices. Attention now turns to the OPEC+, with a Joint Ministerial Monitoring Committee convening on Monday…
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as..
Multiple explosions rocked Iran’s Bushehr city—home to a key nuclear power plant—after reported Israeli airstrikes. Al Arabiya confirmed the Bushehr International Airport was struck, while images..
Monday, 28 July 2025 ()
![World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold [Video]](https://video.newsserve.net/300/v/20250623/1414596322-World-In-PANIC-As-Oil-Surges-After.jpg)
![Iran CLOSES Global Oil Chokehold? Hormuz Closure Approved After Us-Israel Strikes | What Next? [Video]](https://video.newsserve.net/300/v/20250623/1414528592-Iran-CLOSES-Global-Oil-Chokehold-Hormuz-Closure-Approved.jpg)
![VIDEO: Israel Strikes Iran’s Bushehr City, Airport | Nuclear Site ROCKED By Multiple Blasts [Video]](https://video.newsserve.net/300/v/20250622/1414509984-VIDEO-Israel-Strikes-Iran-Bushehr-City-Airport.jpg)
