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MIDDLE EAST CRUDE OIL SANCTIONS
US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
Oil set for second weekly rise as unsettled US-Iran war crimps supplyOil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US...
Oil Price Today (August 20): Crude oil above $92/barrel as Trump vows ‘tremendous’ economic warfare on IranAs tensions rise in the US-Iran conflict, oil prices remain steadfast above ninety-two dollars per barrel. Concerns loom over the security ...
Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...
Oil edges up on uncertainty over exports through HormuzOil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...
Global Market: Japan stocks slide as oil spike and rising bond yields weigh on sentimentJapan’s Nikkei fell 1.1%, ending its five-session rally as Middle East tensions disrupted oil supplies and revived inflation concerns. Risi...
Oil Price Today (August 17): Crude oil approaches $90 again amid no breakthrough in Iran war talks. What’s next?Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...
Iran, Oman home in on Hormuz Strait deal as ship attacks mountIran and Oman are nearing a deal on managing Strait of Hormuz. This agreement aims to ensure safe passage through the vital waterway. The U...
Iran defiant on strait as Trump tells Americans to accept high gas pricesIran has rejected US claims of control over the Strait of Hormuz and demanded Washington accept its conditions before shipping resumes. The...
US says more oil is leaving Middle East. Is it really?US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...
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...
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...
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...
China is balancing Asia's crude oil demand by itselfChina is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...
US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...