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Tankers make U-turns in Hormuz, with some taking Iran route insteadTensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran'...
Oil prices little changed as US-Iran peace efforts holdOil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent sk...
Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...
European nations now believe some Hormuz fees are InevitableLeading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...
Iran warns oil tankers to follow approved Hormuz routes or face actionIran's joint military command has issued a stern warning to all oil tankers traversing the Strait of Hormuz. Vessels must adhere strictly t...
Oil Price Today (July 2): Crude oil at $70, falls for 2nd session as US-Iran talks progress. Worst over?Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...
Oil falls after US, Iran talks conclude in DohaOil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exc...
Trump upbeat as US, Iran hold indirect talks in QatarUS President Donald Trump hailed the progress on Wednesday of indirect talks between the United States and Iran in Qatar, as the sides aime...
Iran insists on keeping control over Hormuz: ReportIran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...
US and Iran enter technical talks to secure peace deal, restart shippingTechnical discussions between the U.S. and Iran are underway in Doha, aiming to secure the Strait of Hormuz shipping lanes and a lasting ce...
Iran and Oman push Strait of Hormuz fee proposal despite Washington oppositionIran and Oman are pushing for payments from ships transiting the Strait of Hormuz, a move opposed by Washington. This proposal, inspired by...
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
Iran shuts door on US peace talks, insists Hormuz stays under its controlIran has refused to meet with top US envoys, casting doubt on peace prospects. Disagreements persist over a ceasefire and terms for lifting...
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...
Oil Price Today (June 30): Brent crude falls to $72/barrel as investors await US-Iran talksBrent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 p...
Strait of Hormuz open or close, Iran-US deal to collapse anytime? Tehran strikes against vital American bases in Kuwait, Bahrain, U. S attack multiple Iranian military targetsStrait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liq...
Iran warns ships not to bypass its chosen Hormuz routeThe exchanges underscored the fragility of a Pakistan-brokered agreement aimed at ending the war launched by the United States and Israel i...
Sea route near Oman is expanding to facilitate more traffic through Strait of Hormuz, US Navy saysA crucial shipping lane through the Strait of Hormuz, near Oman's coast, is being expanded for both directions of traffic, according to a U...
Small plane crash at Beijing high-rise kills pilot and injures 13, authorities sayA pilot has died and 13 others were injured after a small aircraft crashed into Beijing's towering CITIC Tower on Friday. The two-seat ligh...
At White House, NATO'S Rutte tries to ease tensions with Trump over IranNATO chief Mark Rutte met with President Trump at the White House to ease tensions over the Iran war and U.S. troop withdrawal threats. Rut...