We should all be expecting the price of oil to continue to rise, as the Strait of Hormuz remains closed. Global oil supplies are being hindered, and if the cost-of-living crisis wasn’t bad enough, it looks like it’s about to get much worse. Crude oil,...

Shipping turmoil escalates as multiple vessels (at least six) were struck overnight Brent crude oil prices top $100 amid “the largest supply disruption in the history of the global oil market,” the IEA reports. Energy Secretary Chris Wright says the US Navy is not yet ready to escort tankers through...