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STRAIT OF HORMUZ OIL TRANSIT
Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impo...
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
Iran allowed Iraqi tankers to pass through Hormuz Strait: state mediaTehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...
US blockade of Iran intensifies as 68 commercial vessels redirected: CENTCOMUS forces have redirected sixty-eight commercial vessels and disabled three others. Warships are supporting the US blockade against Iran in...
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...
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. ...
Iran says it controls Hormuz, but the ships tell a different storyShipping data indicates most vessels now use the Omani route through the Strait of Hormuz. This route is a UN-authorized channel which Iran...
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 ...
Trump holds off Iran talks until Tehran is "ready to make a deal": ReportsUS President Donald Trump has paused negotiations with Iran until Tehran is ready. He stated no talks are currently scheduled with the Isla...
Trump posts map showing Strait of Hormuz as US territoryUS President Donald Trump on Tuesday posted a map on his Truth Social platform showing the Strait of Hormuz as "NEW U.S. Territory," pressi...
Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
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 ...
Oil treads water as US-Iran peace talks stall, Hormuz shipping slowsOil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...
Strait of Hormuz shipping slows sharply after tanker attacksShipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...
UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...