An Iranian nationwide flag flies on the Persian Gulf Star Co. (PGSPC) fuel condensate refinery in Bandar Abbas, Iran, on Jan. 9. 2019.Ali Mohammadi | Bloomberg | Getty PicturesOil costs fell sharply on Thursday on expectations that the...
U.S. Secretary of the Treasury Scott Bessent and U.S. Commerce Consultant Jamieson Greer attend a information convention after commerce talks with China in Geneva, Switzerland, Could 12, 2025. Olivia Le Poidevin | ReutersCrude oil futures jumped 4% on...