The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel.
Here’s What Happened in the War in the Middle East on Thursday
Israeli strikes against Hezbollah in Lebanon threatened the cease-fire between the United States and Iran ahead of scheduled peace talks.
Strait of Hormuz still seeing significantly lower traffic despite ceasefire
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
Saudi Arabia says Iran attacks have affected oil production
A Saudi official confirmed that one of the pumping stations on a vital east-west pipeline was hit, resulting in a reduction of 700,000 barrels per day in pumping capacity.
Iran issues chilling Strait of Hormuz is ‘under new management’ threat to the West
Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, has declared that the Strait of Hormuz is “under new management” and promised retaliation over strikes
Grace Tame’s foundation announces closure over funding difficulties
Closure comes weeks after former Australian of the Year and advocate for abuse survivors says she lost speaking engagements because of a ‘smear campaign’ against herFollow our Australia news live blog for latest updatesGet our breaking news email, free…
Why is Israel attacking Lebanon and what does the bombing blitz mean for the US-Iran ceasefire?
ISRAEL has unleashed its biggest bombing blitz of the war so far on Lebanon this week. The IDF said it was targeting terrorist bosses in the Hezbollah stronghold. 303 people were killed in Israel’s attacks on Lebanon on Wednesday and more than 1,000 wo…
U.S. soldier who survived Kuwait strike says unit was “unprepared”
CBS News exclusively spoke with a member of the Army’s 103rd Sustainment Command, which is based in Iowa. The soldier survived an Iranian drone strike that killed six others and said their unit was “unprepared” to defend itself. Jonah Kaplan has more.
A decade after a 13-year-old boy went missing, a suspect has been arrested in his murder
Detectives recovered rope and adhesive tape at the site where the remains were found that allegedly matched materials discovered inside Brackett’s home
What We Know About the U.S.-Iran Cease-Fire Talks in Pakistan
Vice President JD Vance will lead the United States delegation which is set to meet with Iranian officials in Pakistan on Saturday.