Markets
Oil Prices Jump as Hormuz Traffic Halves After US-Iran Clashes
Crude oil prices surged on Monday following a sharp decline in vessel traffic through the Strait of Hormuz, prompted by renewed U.S.-Iran...
#energy markets 76 articles
Finance
Morgan Stanley Slashes Oil Forecasts on Rapid Hormuz Flow Return
Morgan Stanley has significantly cut its oil price forecasts, citing a faster-than-expected recovery of flows through the Strait of Hormuz and increased...
Stocks
U.S. Crude Futures Top $70 After Iran Strikes
U.S. crude oil futures rose above $70/bbl post-market after American military strikes in Iran, responding to Iran's attack on a cargo ship...
Markets
Oil Prices Retreat to Pre-War Levels as Hormuz Traffic Resumes
Global benchmark Brent crude has fallen to pre-Iran war levels, driven by the gradual resumption of traffic through the critical Strait of...
Markets
Middle East Tensions Flare, Crude Oil Prices Jump 2.12%
Crude oil prices surged Thursday after a projectile struck a Singapore-flagged cargo ship near Oman, reigniting supply disruption fears in the critical...
Economy
Global Energy Crunch: Peace Deal Offers No Quick Fix
A peace deal in the Iran war won't immediately resolve the global energy and supply chain crisis, with experts warning of months...
Stocks
Wall Street Banks Slash Oil Forecasts on Swift Persian Gulf Recovery
Major Wall Street banks have cut oil price predictions, citing an interim U.S.-Iran deal expected to quickly restore Persian Gulf flows and...
Markets
U.S.-Iran Deal Sinks Crude Prices 5% As Hormuz Reopens
Crude oil prices plunged over 5% to $80.57 per barrel after the U.S. and Iran agreed to sign a preliminary deal Friday,...
Stocks
Trump Announces Hormuz Reopening Friday, Easing Tensions
The Strait of Hormuz is set to reopen Friday after a U.S.-Iran peace deal, President Trump confirmed, potentially easing energy market disruptions...