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STRAIT OF HORMUZ OIL EXPORTS
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
Iranian oil tankers pass US blockade after US-Iran deal, data showsIranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
US–Iran peace deal to reopen Strait of Hormuz brings relief to trade: EEPCThis development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...
Qatar plans to rapidly restart LNG production after Hormuz opensQatar plans to quickly ramp up liquefied natural gas production to nearly full capacity within two months of the Strait of Hormuz 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 ...
'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...
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4....
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
Oil slips 4% as US, Iran reach peace deal to reopen Strait of HormuzOil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen ...
BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOC...
Hormuz oil traffic rebounds as Gulf exporters find workarounds: ReportOil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Was...
Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...