Strait of Hormuz traffic barely affected on first day of US blockade, data shows
(Investing) – SINGAPORE/LONDON – The first full day of a U.S. blockade on vessels calling at Iranian ports made little difference […]
shipping
Hormuz on Edge: Ceasefire holds, but control and risk, shifts to Iran
(By Oil & Gas 360) – A fragile ceasefire is holding just enough to steady markets, but not enough to restore […]
European, African crude oil prices hit records on supply disruptions despite ceasefire
(BOE Report) – European and African crude oil prices climbed to fresh records on Wednesday, defying a sharp selloff in […]
Ceasefire window opens, but energy markets stay on edge
(By Oil & Gas 360) – A fragile pause in Middle East hostilities is offering global energy markets a moment to […]
Countries need to step up on Strait of Hormuz, says Hegseth
(Investing) – WASHINGTON – The United States has done the lion’s share of the work in making Iran less of a […]
Oil to hit $200 if the war continues until end of June, strategist says
(Investing) – Brent crude could surge to $200 a barrel, pushing U.S. gasoline prices to around $7 a gallon, if the Iran […]
Maersk slaps emergency fuel surcharge as war upends marine supply chains
(Oil Price) – The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and […]
Brent slides below $100 after Trump says oil prices to ’drop like a rock’
(Investing) – Oil prices slumped on Monday, after President Donald Trump talked up “productive” talks with Tehran to possibly end the […]
Oil tankers ‘starting to dribble through’ Strait of Hormuz, says White House
(BOE Report) – Oil tankers are crossing the Strait of Hormuz and Iran’s actions to choke traffic through the shipping […]
Oil prices inch below $105 as Trump calls for Hormuz intervention help
(Investing) – Oil prices edged down from $105 a barrel on Monday, as markets assessed a request from U.S. President Donald Trump […]