Tag: Strait of Hormuz

Oil markets pulled back on Friday after a blistering rally, but crude was still on pace for one of its steepest weekly gains in years as traders weighed the risk ...

Global oil markets lurched higher on Wednesday, with Brent and WTI both touching their strongest levels since June 11, as traders confronted the prospect that not one but two of ...

Oil prices retreated on Tuesday as traders found themselves pulled in two directions: cautious optimism over emerging mediation efforts between Washington and Tehran, set against the stark reality of renewed ...

Oil markets extended their remarkable rally into a second week on Monday, with Brent crude piercing the $90-a-barrel threshold for the first time in more than a month as the ...

Oil markets jumped on Friday as U.S.-Iran fighting escalated across the Gulf, with traders now bracing for the possibility that both the Strait of Hormuz and the Red Sea's Bab ...

Crude oil extended its rally for a second straight session on Wednesday, with global benchmarks touching one-month highs as Washington's reimposed naval blockade of Iran collided with Tehran's warning that ...

Oil prices jumped on Tuesday, with both major benchmarks hitting near one-month highs, after Washington reimposed a naval blockade on Iran and the two sides exchanged fresh strikes over the ...

President Trump escalated his rhetoric on the Strait of Hormuz on Monday, telling Fox News's "Fox & Friends" in a phone interview that the United States is effectively assuming control ...

Oil markets lurched sharply higher on Monday as a renewed exchange of military strikes between the United States and Iran shattered weeks of relative calm, sending traders scrambling to reassess ...

Iran's Islamic Revolutionary Guard Corps (IRGC) Navy declared on Sunday that the Strait of Hormuz, one of the world's most critical oil-shipping corridors, would remain closed "until further notice" after ...