Tag: Strait of Hormuz

Global oil prices crept higher on Friday, capping a volatile week that has seen the Strait of Hormuz, the world's most critical oil chokepoint, grind to a near-halt as fighting ...

Oil markets tumbled on Thursday as traders reassessed fresh U.S. strikes on Iran, a move that has jeopardized fragile ceasefire talks and cast doubt on a full reopening of the ...

Oil prices surged more than 5% on Wednesday to two-week highs after President Trump declared the fragile truce with Iran "over," instantly reviving traders' fears of a fresh Middle East ...

Oil prices pushed higher on Tuesday, as lingering doubts over whether Washington and Tehran can finalize a peace agreement outweighed early signs that shipping traffic through the Strait of Hormuz ...

Oil prices edged lower on Monday, pulling back from Friday's modest gains as a fresh round of OPEC+ output hikes and a tentative recovery in Gulf exports through the Strait ...

Seven members of the OPEC+ alliance agreed on Sunday to push oil production quotas higher once more, a fresh sign that Gulf producers are edging back toward normal operations after ...

Oil markets barely budged on Friday as trading thinned out ahead of a long U.S. holiday weekend, with investors choosing to sit on their hands rather than take bold positions ...

Oil prices extended their losing streak into a third consecutive session on Thursday, sliding further as traders grew more confident that supply disruptions tied to months of turmoil around the ...

Global oil prices edged higher on Monday as U.S.-Iran military clashes undermined their fragile peace deal and renewed fears over oil flows through the Strait of Hormuz. Brent crude futures ...

Oil prices dropped 2% on Friday, capping a brutal week for crude markets, as fading supply fears in the Strait of Hormuz sparked a broad selloff even as fresh hostilities ...