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IRAN WAR IMPACT ON OIL
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...- Lebanon's Hezbollah gets $200 million from Iran to help displaced, sources sayHezbollah has reportedly received a significant financial transfer from Iran aimed at assisting displaced families. This aid comes after th...
- Trump says Iran war will end 'very quickly', oil prices will 'come tumbling down'US President Donald Trump stated that the ongoing war with Iran will conclude rapidly, affecting global oil prices. He emphasized the need ...
- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
- US CENTCOM rejects Iran's claim of Hormuz closureUS Central Command has rejected Iran's assertion that the Strait of Hormuz is closed, stating that traffic continues. Commercial and energy...
- Iranian official says 'illegal routes' in Strait of Hormuz to soon be blockedIran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...
- US puts military in ready mode for possible new strikes on Iran: ReportTrump has instructed the Pentagon to prepare for possible military strikes against Iran, but no final decision has been made. The US milita...
- Tanker attacks in Hormuz hit highest of any week since start of US-Iran warAttacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...
- Putin backs mediation efforts on Middle East war, tells Iran Moscow ready to help as US-Iran talks hit impasseRussian President Vladimir Putin told his Iranian counterpart Masoud Pezeshkian in a phone call that Moscow was ready to help efforts to me...
- EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
- US EIA lifts Brent forecast to $98 as Iran war tightens global suppliesThe US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
- Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
- Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...
- US, Iran hold separate talks with mediators as push to end seven-month war resumesUS and Iranian officials are participating in renewed efforts to negotiate a ceasefire to end the ongoing conflict. Recently, Iran proposed...
- Trump says US will ‘win’ Iran war soon, leaves door open to strikes before midtermsPresident Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution ...
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