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STRAIT OF HORMUZ TENSIONS
Oil Price Today (August 14): Crude oil dips below $88 despite Trump’s threat to blockade Iran indefinitely. What are experts saying?Brent crude futures were down 30 cents, or 0.34%, at $86.77 a barrel, while US West Texas Intermediate (WTI) crude futures gained 34 cents ...- Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
- Trump says US ‘owns’ Strait of Hormuz, threatens Iran with forcePresident Trump stated the United States has total control over the Strait of Hormuz. He warned Iran against any actions that could provoke...
- Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
- Pakistan minister Naqvi heads to Iran amid mediation efforts to end conflictPakistan's Interior Minister Mohsin Raza Naqvi traveled to Tehran for crucial discussions. He engaged with Iranian officials regarding bila...
- Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
- Russia explores rail link to India to bypass maritime chokepointsRussia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...
- Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
- US Iran war: Trump may ditch nuclear deal plan if Tehran reopens HormuzUS President Trump seeks an exit from the Iran war as the conflict continues to escalate. The administration may set aside the nuclear issu...
- US working to establish safe shipping route through Strait of Hormuz, Vance says 'we don't trust' IranUS-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and ...
- ADNOC confirms one of its vessels targeted by missile while sailing through Strait of HormuzAn ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...
- Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
- Iran's Acting Defence Minister says forces ready for any threat amid US tensionsIran's defense minister stated the nation's armed forces are fully equipped for any threat. He asserted Iran's indigenous technology surpas...
- Trump claims Iran reached out for talks, says clarity may come in 48 hoursPresident Trump stated significant progress has been made in discussions with Iran. He indicated Iran has reached out seeking to engage in ...
- US-Iran talks: Rubio says progress made on Strait, nuclear dealUS Secretary of State Marco Rubio detailed negotiations with Iran on two key objectives. These talks focus on reopening the Strait of Hormu...
- Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
- Qatar says draft US-Iran talks proposal in circulation as mediators push to ease tensionsQatar is mediating a draft proposal to restart United States and Iran talks. This initiative aims to de-escalate current tensions and preve...
- Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
- US-Iran war: 'Unknown projectile' strikes cargo vessel off Oman's Al Khasab, UKMTO says probe onA cargo vessel was struck by an unknown projectile near Al Khasab, Oman. This incident occurred amid heightened regional tensions and ongoi...
- Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...
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