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HORMUZ STRAIT REOPENING
Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline ...- GIFT Nifty signals muted start for Dalal Street amid cautious tradeIndian stock markets saw a rally mirroring global trends. Investors reacted positively to news of a US-Iran ceasefire agreement and the reo...
- US at odds with allies over how easy it is to reopen HormuzGlobal leaders are meeting to discuss the Strait of Hormuz. US President Donald Trump expects it to reopen soon. However, European allies a...
- Hormuz may reopen, but fertiliser relief is still months away for IndiaFertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia ...
- Strait path laid for crude prices to travel downwardIndian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopeni...
- Hope US-Iran deal will help restore peace: PM ModiIndia has embraced the recent agreement between the United States and Iran as a beacon of hope for peace in West Asia. Prime Minister Naren...
- 'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
- PM Modi welcomes US-Iran peace deal, hopes for peace in West AsiaPrime Minister Narendra Modi has welcomed an understanding between the United States and Iran to end the conflict in West Asia. This develo...
- French-UK mission 'ready' to aid Hormuz reopening: French President Emmanuel MacronFrance's president on Monday said that a military mission set up by Paris and Britain to help with Strait of Hormuz traffic was ready to de...
- World leaders welcome US-Iran deal, urge swift implementationA significant peace deal has been struck between the United States and Iran. This agreement aims to end their war and reopen the vital Stra...
- Indian LNG tanker crosses Strait of Hormuz as US-Iran deal lifts reopening hopesAn LNG tanker has successfully navigated the Strait of Hormuz. This marks a significant step following a peace agreement between the United...
- 'Opportunity to restore regional peace, stabilise global economy': US-Iran breakthrough draws global supportThe major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President Trump saying that the agreement wou...
- IndiGo, SpiceJet and other tourism stocks surge up to 7% as US-Iran deal lifts sentimentIndian airline and travel stocks up to 7% surged as U.S. President Trump announced an initial agreement to end the war and reopen the Strai...
- Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset releaseUS-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the...
- Pakistan PM says US-Iran peace deal signing expected within 24 hoursPakistan's Prime Minister Shehbaz Sharif announced a significant development. The United States and Iran have reached an agreement on a pea...
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
- Iran-U. S war, Strait of Hormuz reopen deal between Tehran and Washington: Is the conflict finally ending?Iran’s nuclear program has been a key point of division. The U.S. and Israel fear it could lead to an atomic weapon — a main reason their l...
- Iranian forces prevent tanker from entering Strait of Hormuz without coordination: ReportIranian forces stopped a tanker from passing through the Strait of Hormuz. Reports of explosions near Bandar Abbas and Sirik were linked to...
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
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