United States Oil Fund News - April 7, 2026
China and Russia Block UN Resolution Protecting Commercial Shipping in Hormuz Strait
China and Russia exercised their veto power against a United Nations resolution designed to safeguard commercial maritime traffic within the Strait of Hormuz....
Iranian Official Issues Counter-Ultimatum Warning Trump Allies of Imminent Destruction
A strategic advisor to Iranian Parliament Speaker Ghalibaf issued a formal response to President Trump’s 48-hour ultimatum. The official asserted that the U.S....
US Crude Oil Hits $115.50 Following 110 Percent Rally Since December
US crude oil prices have advanced to $115.50 per barrel, extending a rally that has seen costs rise 110% since the lows established in December 2025. This...
Trump May Postpone Tuesday Iran Deadline Pending Potential Agreement Progress
President Trump is considering a postponement of the Tuesday 8 PM ET deadline regarding Iran if negotiations indicate a deal is nearing completion. According...