#Strait of Hormuz
articles
Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher
Brent crude has risen more than $5 a barrel this week to exceed $90 as shipping through the Strait of Hormuz remains red...
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...
Panama Canal Auction Prices Hit $3.78 Million as El Niño and Iran War Converge
Record transit fees and falling water levels squeeze global trade. A double blow from drought and the Strait of Hormuz d...
Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes
Brent and WTI crude extended Monday’s 5% rally after attacks near the Strait of Hormuz and Houthi-linked incidents in th...
Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution
Crude prices surged after Washington demanded reparations from Tehran while Iran insisted on all its conditions being me...
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, ...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...