Investing
US Halts Iranian Oil Dollar Sales After Gulf Strikes
The US Treasury Department has revoked a waiver, blocking Iranian oil sales in US dollars, leaving over 60 million barrels stranded following...
#Strait of Hormuz 79 articles
Economy
Treasury Warns 0.3% UK Growth in 2027 Amid Iran War Threat
Internal Treasury modelling warns Prime Minister Andy Burnham that UK GDP growth could plummet to 0.3% in 2027 if Middle East conflict...
Markets
Oil Prices Climb as Hormuz Deal Hopes Fade, US-Iran Talks Stall
Oil prices extended gains to an over one-week high Tuesday, driven by diminishing prospects for a US-Iran agreement to reopen the critical...
Markets
Oil Holds Steady as Hormuz Talks Progress Amid Regional Tensions
Oil prices remained stable as markets watched U.S.-Iran talks on the Strait of Hormuz. Diplomatic progress is noted, but regional security risks...
Markets
Gold Soars as Trump Reassures on Hormuz Deal Progress
Gold prices surged on Wednesday after President Donald Trump expressed confidence that Iran would soon strike a deal with the U.S. to...
Markets
Oil Prices Plunge 5.8% on US-Iran Deal Hopes, Hormuz Reopening Prospects
Crude oil prices experienced a significant freefall, with WTI dropping 5.80% to $75.68 per barrel, driven by U.S. optimism regarding a deal...
Economy
Hormuz Progress Curbs Rate Hike Bets, Gold Holds Steady
Gold maintained a narrow trading range as an interim deal to reopen the Strait of Hormuz eased inflation fears, reducing US Federal...
Markets
Oil Prices Slide as Hormuz Traffic Recovers; Toll Dispute Looms
Despite increased maritime traffic in the Strait of Hormuz, the shipping industry faces lingering uncertainty over a potential toll. This issue could...
Markets
Oil Dips: Hormuz Management Talks Drive Prices Down
Crude oil prices fell as Iran and Oman discussed Strait of Hormuz management, raising hopes for free oil flow. Investors also engaged...