Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI
Markets

Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI

US stocks posted modest gains Tuesday as diplomatic signals pointed to a possible breakthrough on the Strait of Hormuz, ...

Yael Ben-David 👁 48 💬 0
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Energy

Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands

Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...

Aoife Keane 👁 63 💬 0
Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge
Markets

Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge

Oil futures rose Monday as talks over the Strait of Hormuz navigation remain uncertain, with Iran demanding US compensat...

Yael Ben-David 👁 69 💬 0
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Energy

Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive

Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...

Aoife Keane 👁 60 💬 0
Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening
Energy

Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening

Brent crude rose 1% to $84.39 after Iran said the Strait of Hormuz will only reopen once the U.S. meets conditions inclu...

Aoife Keane 👁 58 💬 0
China Single-Handedly Balances Asia's Crude Oil Demand After Hormuz Closure
Energy

China Single-Handedly Balances Asia's Crude Oil Demand After Hormuz Closure

China's crude imports have dropped 4.2 million bpd, absorbing almost all of Asia's demand loss since the Iran conflict c...

Aoife Keane 👁 54 💬 0
ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree
Energy

ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree

ADNOC Gas posted net income of $665 million, beating the upper end of its own guidance, and raised its 2030 EBITDA growt...

Aoife Keane 👁 33 💬 0
EU Gas Reserves Plunge to 2009 Low as Ormuz Stranglehold and Russian Halt Bite
Energy

EU Gas Reserves Plunge to 2009 Low as Ormuz Stranglehold and Russian Halt Bite

Europe’s gas storage levels have slumped to just 57% — the lowest August level since 2009 — as the blockade of the Strai...

Aoife Keane 👁 29 💬 0
Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars
Energy

Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars

The Strait of Hormuz closure after the US-Iran conflict handed Exxon, Chevron, BP, Shell and TotalEnergies a combined $4...

Aoife Keane 👁 27 💬 0
Japan and Oman Pledge Joint Push to Restore Free Navigation in Strait of Hormuz
Energy

Japan and Oman Pledge Joint Push to Restore Free Navigation in Strait of Hormuz

Prime Minister Takaichi and Sultan Haitham discuss the critical Iran situation, Oman’s mediation with Tehran, and the ne...

Aoife Keane 👁 40 💬 0
Trump Rules Out Force, Bets on Economic Squeeze as Hormuz Deadlock Rattles Oil Markets
Energy

Trump Rules Out Force, Bets on Economic Squeeze as Hormuz Deadlock Rattles Oil Markets

US President signals a quieter approach on Iran, highlighting sanctions-driven inflation and currency collapse, while th...

Aoife Keane 👁 26 💬 0
Iran-Oman Hormuz Deal Near, But Tehran Demands U.S. Reparations Before Reopening Vital Oil Route
Energy

Iran-Oman Hormuz Deal Near, But Tehran Demands U.S. Reparations Before Reopening Vital Oil Route

Iran signals an agreement with Oman on a new Strait of Hormuz shipping route is imminent, yet insists the waterway will ...

Aoife Keane 👁 36 💬 0
Paris Markets Extend Rally to Seventh Day as Hormuz Talks Raise Tensions
Markets

Paris Markets Extend Rally to Seventh Day as Hormuz Talks Raise Tensions

European stocks edged higher, led by Paris, while geopolitical uncertainty over Iran’s Strait of Hormuz conditions kept ...

Yael Ben-David 👁 26 💬 0
Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms
Energy

Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms

Iran and Oman are close to a deal on a new shipping route through the strategic Strait of Hormuz, but Tehran insists the...

Aoife Keane 👁 38 💬 0
Iran Sets Preconditions for Reopening Strait of Hormuz, Putting Oil Markets on Edge
Energy

Iran Sets Preconditions for Reopening Strait of Hormuz, Putting Oil Markets on Edge

Tehran's demand that the U.S. lift sanctions, withdraw troops, and pay reparations before ending the naval blockade thre...

Aoife Keane 👁 34 💬 0
Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety
Energy

Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety

Brent and WTI edged higher on Friday but remained on track for a second straight weekly decline of over 7% as traders wa...

Aoife Keane 👁 35 💬 0
Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz
Energy

Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz

Tehran signals progress in talks with Oman over a new shipping lane, but reopening depends on US compensation and sweepi...

Aoife Keane 👁 38 💬 0
Trump Teased an Iran Deal That Didn’t Come—But Markets Rallied Again. Here’s Why It Keeps Happening
Markets

Trump Teased an Iran Deal That Didn’t Come—But Markets Rallied Again. Here’s Why It Keeps Happening

The White House signaled a deal to reopen the Strait of Hormuz was hours away, sending oil prices down and stocks to rec...

Yael Ben-David 👁 34 💬 0
Start-Up Innovation Emerges as Critical Buffer Against Energy Shocks
Energy

Start-Up Innovation Emerges as Critical Buffer Against Energy Shocks

The closure of the Strait of Hormuz has exposed the fragility of global energy supply, but agile start-ups with breakthr...

Aoife Keane 👁 31 💬 0
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Energy

WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist

Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...

Aoife Keane 👁 35 💬 0
Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume
Energy

Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume

An unnamed U.S. official says rapid progress between Tehran and Muscat could soon lead to reopening the strategic waterw...

Aoife Keane 👁 42 💬 0
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Energy

Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions

Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...

Aoife Keane 👁 41 💬 0
Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
Energy

Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.

A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...

Aoife Keane 👁 43 💬 0
Iran Plan to Exclude U.S. and Israeli Ships From Strait of Hormuz Meets Swift U.S. Rejection
Energy

Iran Plan to Exclude U.S. and Israeli Ships From Strait of Hormuz Meets Swift U.S. Rejection

A draft Iranian plan to bar U.S. and Israeli vessels from the world’s most critical oil chokepoint drew an immediate U.S...

Aoife Keane 👁 41 💬 0
Oil Majors Post Record H1 Profits as European Giants Abandon Green Pivot for Capital Discipline
Energy

Oil Majors Post Record H1 Profits as European Giants Abandon Green Pivot for Capital Discipline

Saudi Aramco, ExxonMobil, and Chevron led a windfall half, while Shell's $16.4bn ARC acquisition and BP's planned solar ...

Aoife Keane 👁 32 💬 0
Oil Stocks Near ‘Tank Bottom’? Why the Crisis May Be Less Dire Than Feared
Energy

Oil Stocks Near ‘Tank Bottom’? Why the Crisis May Be Less Dire Than Feared

A staggering 400–600 million barrels have been drained from global inventories amid the Strait of Hormuz crisis, but pre...

Aoife Keane 👁 29 💬 0
DAX Pauses After Record Run as 26,000 and Strait of Hormuz Loom
Markets

DAX Pauses After Record Run as 26,000 and Strait of Hormuz Loom

The German benchmark index ended flat after three straight record closes, with profit-taking leaving the market at eleva...

Yael Ben-David 👁 44 💬 0
Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief
Energy

Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief

A 60-day Strait of Hormuz transit agreement could be announced as early as Wednesday, easing oil supply fears that have ...

Aoife Keane 👁 30 💬 0
CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets
Markets

CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets

The Paris CAC 40 and major European indices touched all-time highs on optimism over a potential accord on the Strait of ...

Yael Ben-David 👁 41 💬 0
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
Energy

Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply

The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...

Aoife Keane 👁 38 💬 0