Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy
Energy

Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy

Attacks on ADNOC and bulk-carrier vessels in the Strait of Hormuz have driven Brent crude up nearly 6% this week as Wash...

Aoife Keane 👁 50 💬 0
Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears
Markets

Oil Prices Fall as Hormuz Shipping Recovers, Easing Supply Fears

WTI and Brent crude fell on Friday as shipping through the Strait of Hormuz recovered to 30-35% of pre-conflict levels, ...

Yael Ben-David 👁 30 💬 0
China Slashed Iranian Oil Imports by 40% as US Sanctions Bite, Bessent Says
Energy

China Slashed Iranian Oil Imports by 40% as US Sanctions Bite, Bessent Says

U.S. Treasury Secretary Scott Bessent said Chinese refineries cut Iranian crude purchases sharply after Washington impos...

Aoife Keane 👁 38 💬 0