World Iran Plans New Maritime Traffic System for Strait of Hormuz May 16, 2026 The Universe Iran has announced plans to introduce a new mechanism to regulate maritime traffic through the Strait of Hormuz, one of the world’s most important routes for global energy transportation.
Business Oil Prices Slide as U.S.-Iran Talks Ease Supply Disruption Fears February 5, 2026 The Universe Oil prices fell on Thursday after the United States and Iran confirmed they would hold talks in Oman on Friday, easing concerns of a potential military conflict that could disrupt…
Business Oil Prices Steady as Markets Await Russia-Ukraine Talks and OPEC+ Meeting November 28, 2025 The Universe Brent crude prices held steady on Friday as investors monitored developments in Russia-Ukraine peace efforts and awaited the outcome of Sunday’s OPEC+ meeting for signals on future supply levels that…
Business Oil Prices Climb After Ukrainian Drone Strike Hits Major Russian Export Hub November 14, 2025 The Universe Oil prices rose on Friday amid renewed concerns over global supply after a Ukrainian drone strike hit an oil depot in the Russian Black Sea port of Novorossiysk, one of…