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IRAN OIL SUPPLY
US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...- Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...
- Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
- India's Petronet says no clarity on September LNG supplies from QatarPetronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...
- Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
- Oil drops on lower demand forecasts despite deadlock in US-Iran talksOil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict,...
- Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
- Iran, US not discussing ceasefire extension, senior Iranian official saysAccording to Iran, there were no negotiations with the United States regarding an extension of the ceasefire. Tehran argues that the agreem...
- Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
- Oil rises as doubts over US-Iran deal heighten supply concernsOil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...
- Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
- Global Market: Mainland Chinese stocks mixed, Hong Kong shares slip as Iran conflict weighs on sentimentChinese stocks traded mixed and Hong Kong shares edged lower as investors weighed fading hopes of a US-Iran peace deal and its impact on oi...
- Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
- Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fadeOil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...
- OPEC oil output rises further in July led by Gulf producers, Reuters survey showsIn July, OPEC made a remarkable recovery by increasing oil production to 19.85 million barrels per day. Gulf nations resumed supplies that ...
- Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
- Oil rises on uncertainty over reopening of HormuzOil prices surged on Monday amidst growing uncertainty about the reopening of the vital Strait of Hormuz. Iran indicated that negotiations ...
- Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
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