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iShares Trust - iShares U.S. Oil & Gas Exploration & Production ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas exploration and production sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Dow Jones U.S. Select Oil Exploration & Production Index, by using representative sampling…

OPEC+ oil-producing countries will likely agree a further hike in their output targets from September when they meet on August 2, three sources said on Wednesday, even though the U.S. war with Iran is again hindering some of the group's members from pumping more.

U.S. equities fell on Thursday after Brent Crude prices broke above $100 per barrel once again. The rise in oil prices come after the U.S. conducted strikes against Iran for a 12th consecutive night, and reports that a tanker was attacked off the coast of Saudi Arabia.

The United States has begun importing fuel oil of Iraqi origin shipped through Syria for the first time, according to shipping data and two sources familiar with the operations, as Iraq expands a Mediterranean export route established after disruptions to Gulf trade routes earlier this year.

Oil surges on Hormuz tensions. Check out these U.S. energy ETFs that could benefit from the latest crude rally.

Reports of fresh strikes in the Red Sea raised new fears that a second critical shipping route in the Middle East could be compromised.