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STRAIT OF HORMUZ OIL FLOW
US military says destroys Iranian oil tankers after missile attacksThe United States destroyed three Iranian oil tankers on Saturday. This action followed Iran's attempted missile attacks on American naval ...
Oil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. What’s next?The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes be...
60 targets struck in a day: Inside the US military's biggest push to secure HormuzUS forces escorted forty commercial vessels carrying eighteen million barrels of oil. Simultaneously, American troops struck nearly sixty I...
Oil Price Today (September 3): Crude oil flat at $96 as traders weigh fresh US-Iran attacks. What are experts saying?U.S. President Donald Trump said on Wednesday that the renewed U.S. campaign against Iran would not continue for "too long". He said U.S. f...
Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailorsSaudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...
Oil Price Today (September 2): Crude oil nears $97 as war tensions escalate. Will it hit $100 again?The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was ...
Iran warns US strikes will 'tighten the lock' on Strait of HormuzThe Revolutionary Guard Corps of Iran issued a statement claiming that US military strikes would exacerbate conditions in the Strait of Hor...
Oil up more than 2% as renewed US-Iran strikes stoke supply fearsOil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interrupt...
Two tankers carrying Saudi oil attacked in Strait of HormuzTwo supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...
Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disrupti...
Oil Price Today (August 31): Crude oil reclaims $90 as fresh US attacks dim peace deal hopes. What are experts saying?U.S. forces on Sunday struck two launchers on Iran's Larak island in the Strait of Hormuz. It was the first known American strike on the Gu...
Oil jumps more than 1% after US attack on Iran's Larak islandBrent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...
Crude oil prices end winning run with first weekly fall in nearly a month. Can liquid gold slide further?Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Br...
Oil settles lower on clues about Fed policy, rumors of Hormuz dealOn Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market trad...
Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...
Qatar PM to visit Tehran to pursue mediation effortsQatar’s prime minister is visiting Tehran to revive diplomacy between Iran and the United States as sanctions intensify and negotiations ov...
Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
$20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...