Oil Markets on Edge as Washington and Tehran Drift Toward Confrontation

Rising U.S.–Iran tensions, and new U.S. maritime guidance are pushing oil higher as traders reassess geopolitical risk. Are Oil Majors Running Out of Reserves?- Shell’s disappointing 2025 results continue to create ripples across oil markets as the London-based energy major now only wields proven reserves of 8.1 billion barrels of oil equivalent, less than 8 years of its current production.- Shell is now facing a 200,000 boe/d production gap by 2030, despite its corporate policy pledging to grow total hydrocarbon output by 1% annually…