The United States has carried out targeted strikes on Iranian military sites, including air defense systems, in retaliation for the downing of a US Apache helicopter. President Donald Trump said the action aims to pressure Tehran in stalled negotiations, not trigger a wider war. Iran responded with»»»

OPEC+ output hikes fail to overcome Hormuz supply crisis - Production increases have little physical impact as supply remains constrained by Strait of Hormuz disruption and broader production limits, experts say Production increases by seven members of the OPEC+ group have had a limited impact on g»»»