Sailors reportedly offered $25K per trip to move oil out of the Persian Gulf amid strikes, drone attacks
On Monday, Brent crude oil futures eased 1.5% to $100.74 a barrel and West Texas Intermediate crude slipped 1% to $90.16 a barrel.
Last updated: 2026-10-06 06:48:38 ET
On Monday, Brent crude oil futures eased 1.5% to $100.74 a barrel and West Texas Intermediate crude slipped 1% to $90.16 a barrel.
Trade blockages in the Persian Gulf have reminded the world that there are forces as great as or greater than technology and globalization.
Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stock...
Luckin is weighing a push into Gulf markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.
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