#Strait of Hormuz
articles
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, ...
Strait of Hormuz Shutdown Could Trigger Global Marine Bioinvasion, Research Warns
A prolonged halt to shipping through the Strait of Hormuz has left 1,500 vessels anchored in warm Gulf waters for months...
Shell Triples Quarterly Profit to $10.8bn on Soaring Oil and Gas Prices
UK energy major Shell posted its best quarterly result since 2022, driven by elevated crude, gas and LNG trading margins...
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...
Air France-KLM Posts €61m Loss as Fuel Costs Soar, Makes Formal Bid for TAP
The Franco-Dutch group swung to a first-half loss, hit by a €804m fuel cost increase from the Hormuz crisis, but passed ...
Shell Eyes Pearl GTL Restart by Q1 2027 as Best Profit in Four Years Bolsters Resilience
Shell expects its damaged Pearl gas-to-liquids plant in Qatar to resume output by end-March 2027, provided Strait of Hor...
Brent Holds Gains, WTI Slips as Oil Market Weighs US Strikes on Iran
Oil prices saw muted moves Thursday after the steepest rally in months, as traders assessed US airstrikes on Iran agains...
US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge
A new wave of US strikes against Iran, retaliation for an Iranian missile attack on a base in Jordan, has virtually shut...
Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation
The US Federal Reserve kept its benchmark rate at 3.5-3.75% for the fifth time this year, but three policymakers pushed ...
Iran Blocks Oman's Proposal to Demine the Strait of Hormuz, Insists on Bilateral Control
Iran rejected Oman’s plan to clear mines from the southern Strait of Hormuz and rebuffed a call for joint regional manag...
US Intercepts Iranian Missiles, Strikes Militias with Saudi Arabia Amid Escalating Strait of Hormuz Conflict
US military says all missiles aimed at American forces downed; warns of further action if attacks on troops or Saudi ene...
India Condemns Strait of Hormuz Vessel Attacks, Highlights Economic Stakes
India condemned attacks on merchant ships in the Strait of Hormuz at the UN Security Council, citing the death of an Ind...
Crude Jumps 4% on Hormuz Clash; Tech Rout Deepens as AI Doubts Mount
Oil prices surged more than 4% after Iran halted tankers in the Strait of Hormuz and US-Saudi strikes hit Iraq. Asian te...
US, Saudi Arabia Strike Iran-Backed Militias in Iraq as Missiles Aimed at Jordan Base Are Intercepted
Joint US-Saudi airstrikes hit Iranian-aligned groups in Iraq, while US forces intercepted ballistic missiles fired at a ...
US Military Intercepts Iranian Ballistic Missile Attack on American Forces
Iran launched multiple ballistic missiles at US troops in the Middle East, all intercepted, US Central Command said, bre...
OPEC+ Considers Pausing Production Increases from October as Focus Shifts to 2027 Quotas
OPEC+ may freeze output after September’s planned increase, pausing for three months to allow negotiations on 2027 quota...
Oil Prices Slide $3 as US-Iran Talks Raise Hopes for Strait of Hormuz Reopening
Crude futures fell for a third session Tuesday, shedding $3 a barrel, as optimism over a potential US-Iran diplomatic th...
Despite Ceasefire, US Strikes Iran's Minelayers and Missile Sites in Hormuz
The attacks, labeled self-defense, come as nuclear deal negotiators try to finalize a 60-day truce. The Strait of Hormuz...
Trump Halts Iran Strikes for Talks as Strait of Hormuz Blockade Deepens
President Trump says he paused military operations against Iran to pursue negotiations while the US Navy has turned back...
Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz
Oman’s foreign minister held phone talks with counterparts from Saudi Arabia, Qatar, Kuwait, Egypt and Iran, focusing on...
DP World to Build Two Fujairah Terminals, Cutting Hormuz Reliance
A 50-year concession with Fujairah Ports Authority will see DP World build two deepwater terminals outside the Strait of...
Diplomatic Breakthrough in U.S.-Iran Standoff Offers Hope for Reopening Vital Oil Chokepoint
Mediation gains and a mutual pause in attacks have raised the prospect of a permanent halt to hostilities and a mechanis...
Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears
Brent crude drops 6% to $86.8, European gas sheds 7.8% after reports that Oman-mediated talks could reopen the Strait of...
CENTCOM Commander Urged Halt to Iran Strikes, Citing Limited Returns
The top U.S. general in the Middle East reportedly recommended the White House stop attacks on Iran, saying most militar...
Saudi, Oman Officials Inspect Progress on Key Border Logistics Hub
Top transport and customs officials from both nations toured the under-construction logistics zone, signalling the push ...
Iran Halts Retaliatory Strikes as US Pauses, Easing Strait of Hormuz Tensions
A fragile halt in US-Iran hostilities revives shipping through Hormuz, but Houthi attacks on Saudi Aramco facilities and...
Iraq Greenlights Syrian Oil Export Corridor to Bypass Blockaded Hormuz Strait
Iraq's cabinet approved a memorandum with Syria for a Mediterranean pipeline, aiming to reduce dependence on the Strait ...
US Strikes on Southern Iran Hollow Out Civilian Infrastructure and Threaten Regime Control
A new phase of US-Iran hostilities concentrates on the Strait of Hormuz region, systematically dismantling bridges, powe...
UK PM Burnham Vows to Stand Up to Trump If National Interest Is on the Line
New Prime Minister Andy Burnham signals a willingness to publicly contradict the US president on key issues, declines to...
US Pause in Iran Strikes Highlights Munitions Strain and Energy Corridor Risks
Washington has paused its five-month bombing campaign against Iran as reports point to depleted weapon stockpiles and th...