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IRAN HORMUZ STRAIT
Iran says it retains control of Strait of Hormuz, rules out resuming US talks after Trump pauses bombing campaignIran maintains control of the Strait of Hormuz after the United States paused its bombing campaign. Tehran rejected suggestions that peace ...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
Drones attack Iran's neighbours as Tehran appears to test Trump's latest pauseSaudi Arabia, Jordan, and Iraq reported drone attacks on Monday. Iran-backed militias launched drones from Iraq targeting Saudi petroleum s...
Saudi downs drones fired by Iran-backed militias in Iraq amid US-Tehran lullSaudi Arabia intercepted drones launched by Iran-backed militias in Iraq. Mediators are pushing to revive diplomacy and restore an interim ...
Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
Oil Price Today (July 27): Crude oil dips 5%, below $95 as US pauses strikes on Iran. What are experts saying?Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...
US, Iran hold fire for second day as ceasefire talks gain momentumThe United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...
US pauses attacks on Iran for a second straight day and Tehran does tooUnited States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim c...
Oil tanker explodes after hitting naval mine in Strait of Hormuz: Iranian MediaAn oil tanker reportedly exploded after deviating from Iran's designated shipping route. This incident occurred amid ongoing diplomatic pro...
Iran Guards say stopped four ships trying to transit Hormuz straitIran's Revolutionary Guards reported stopping four ships in the Strait of Hormuz. Warning shots were fired by the IRGC Navy after ships too...
Houthis say they don't seek to close key Bab al-Mandeb StraitA Houthi spokesman said Friday that the rebels were not blocking traffic through the strategic Bab al-Mandeb Strait, after they declared a ...
Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
Explosions are heard near a US base in northern Iraq as US-Iran fighting escalatesExplosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...
US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel possible?Brent futures fell 81 cents, or 1%, to $99.68 a barrel at 0126 GMT, but were still set for a 13.5% rise this week. West Texas Intermediate ...
India's oil routes under pressure as second West Asia chokepoint shutsIndia faces intensified energy supply challenges due to choke point closures. Three Saudi oil tankers rerouted in the Red Sea amid Houthi b...
'If we don't sell oil, no one will': Iran threatens wider crude disruptionIran warns of regional oil disruption if its exports are blocked. The United States conducted further strikes against Iran's infrastructure...
Oil Price Today (July 23): Crude oil crosses $95 as US strikes enter 12th day. Why Goldman says $120 is possible?Brent crude futures rose $1.93, or 2%, to $96 a barrel, their highest level since June 8. The benchmark had ended the previous session more...
Oil prices rise to six-week high as US-Iran tensions escalateOil prices climbed to a six-week high on Thursday. This surge followed new United States strikes on Iran and Houthi attacks. Iran's Revolut...
Hormuz vessel crossings fall further as security concerns lingerThe ongoing security issues have caused a notable drop in vessel traffic in the Strait of Hormuz, with just three commodity vessels transit...