Tag: Strait of Hormuz

Oil markets jumped sharply on Tuesday after U.S. military strikes in southern Iran rattled traders, erasing the previous session's gains and driving Brent crude back toward $100 a barrel. Brent ...

Oil prices hit a two-week low on Monday as growing hopes of a U.S.-Iran deal raised prospects of reopening the Strait of Hormuz. Brent crude futures slid $4.44, or 4.3%, ...

Iran's Revolutionary Guard announced on Friday that over 35 commercial vessels transited the Strait of Hormuz within 24 hours, citing the figure as evidence its control of the waterway is ...

Oil prices dipped slightly on Wednesday after President Trump once again promised a swift end to the Iran conflict, giving markets a brief moment of relief following weeks of war-driven ...

Oil prices fell nearly 2% in early Asian trading on Tuesday after President Trump halted a planned strike on Iran, signaling a possible diplomatic resolution to the Middle East conflict. ...

The Gulf was plunged back into crisis Monday as a drone strike on the UAE's only nuclear power plant collapsed an already fragile US-Iran ceasefire, sending oil prices surging and ...

Oil markets jumped over one percent on Friday after President Trump issued a blunt warning to Tehran as fresh shipping incidents around the Strait of Hormuz continued to unsettle global ...

Oil prices edged higher on Thursday as markets anxiously awaited the outcome of the Trump-Xi Beijing summit, a meeting analysts believe could be decisive in shaping the course of a ...

Oil prices fell sharply on Wednesday, ending a three-day rally, as investors turned cautious ahead of Middle East ceasefire talks and the upcoming Trump-Xi summit in Beijing. Brent crude futures ...

Oil prices jumped more than 4% on Monday after President Trump branded Iran's response to a U.S. diplomatic proposal "unacceptable," dashing hopes of a quick resolution to the two-month crisis ...