Stocks
Oil Drops on Trump’s Hormuz Plan, Iran Diplomacy Hopes
Oil prices fell after President Trump signaled a plan to secure the Strait of Hormuz and reported encouraging diplomatic contacts with Iran,...
#Strait of Hormuz 39 articles
World Business
OPEC+ Adds Modest Output as Iran Blocks Hormuz Strait
Seven OPEC+ nations agreed to a modest 188,000 bpd production rise for June. The increase is symbolic, overshadowed by Iran's blockade of...
Markets
Oil Prices Skyrocket Amidst Ongoing Gulf Crisis and Strait Blockade
Crude oil prices have surged dramatically as the Middle East conflict and active blockade of the Strait of Hormuz show no signs...
Markets
Gold Prices Tumble Amid U.S.-Iran Tensions, Strait of Hormuz Blockade
Gold and silver prices dropped significantly as the U.S. and Iran's diplomatic stalemate intensified, with the Strait of Hormuz remaining closed, fueling...
Stocks
Hormuz Full Reopening Months Off, Baker Hughes Says
Baker Hughes (BKR) projects the Strait of Hormuz may not be fully operational until later this year, assuming the U.S.-Iran conflict persists...
Markets
Gold Registers Weekly Loss: Mideast Tensions Escalate
Gold prices recorded a 3% weekly decline, with spot gold falling to $4,685.70 an ounce, as stalled U.S.-Iran peace talks and the...
Markets
Oil Prices Climb Despite Extended Ceasefire
Crude oil prices have surged, defying a U.S. extension of a two-week ceasefire due to persistent supply disruption fears stemming from the...
Stocks
Dollar Gains as Strait of Hormuz Tensions Escalate
The dollar index climbed to a one-week high as rising geopolitical tensions in the Strait of Hormuz fueled safe-haven demand, despite some...
Economy
Gold Plunges 1.9% as Hormuz Incidents Reignite Inflation Fears
Gold dropped sharply after vessels came under fire in the Strait of Hormuz, renewing energy supply fears and stoking inflation concerns amid...