Markets
Hormuz Traffic Rises as Oil Slides; Toll Dispute Looms Over US-Iran Talks
Maritime traffic in the Strait of Hormuz has picked up, but uncertainty persists for the shipping industry due to a potential toll...
#Strait of Hormuz 66 articles
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...
World Business
US Eases Iran Oil Sanctions Amidst Nuclear Inspection Dispute
The US has temporarily waived sanctions, allowing Iran to sell oil in US dollars for the first time in decades, following talks...
Markets
Oil Prices Plunge as Hormuz Traffic Restarts, Peace Talks Stall
Global oil prices saw a steep weekly loss as tanker traffic resumed through the Strait of Hormuz following a U.S.-Iran peace deal,...
Markets
Oil Prices Plunge as Iran Deal Prospects Ease Supply Concerns
Oil futures extended declines Tuesday, hitting a three-month low as a potential U.S.-Iran deal signaled the reopening of the critical Strait of...
World Business
Trump Eyes Swift Russian Oil Sanctions
At the G7 summit in Evian, France, US President Donald Trump suggested the US could swiftly reimpose sanctions on Russian oil, contingent...
Markets
Oil Prices Climb as US-Iran Tensions Halt Hormuz Traffic
Benchmark crude oil prices rose Thursday following US-Iran escalation, which saw commercial traffic through the Strait of Hormuz dwindle to near zero.
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,...
Finance
Hormuz Deal: Shipping Faces Months of Disruption
A US-Iran deal to reopen the Strait of Hormuz offers hope, but mines, high insurance, and geopolitical risks mean pre-war shipping normalcy...