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OIL PRICE SURGE STRAIT OF HORMUZ
Shipowners on edge for news on Hormuz as ‘dark’ oil flows swell- Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gains
- Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions relief
- Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concernsWhy are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise ag...12 Jun, 2026, 01.01 PM IST
- 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...12 Jun, 2026, 09.35 AM IST
- Iranian forces prevent tanker from entering Strait of Hormuz without coordination: ReportIranian forces stopped a tanker from passing through the Strait of Hormuz. Reports of explosions near Bandar Abbas and Sirik were linked to...12 Jun, 2026, 08.58 AM IST
- 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...12 Jun, 2026, 07.19 AM IST
- Why crude oil markets suddenly reversed course today: US oil prices collapse below $87 after Trump cancels Iran strike plans, WTI crude drops 3%US oil prices collapsed below $87 as WTI crude dropped nearly 3% after President Trump canceled planned Iran strikes. The move reversed a w...12 Jun, 2026, 12.02 AM IST
- Why are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil market reacts to US-Iran escalation and Strait of Hormuz closureWhy are oil prices up now and will Brent futures and US WTI crude prices continue to rise or decline again? Oil markets moved higher after ...11 Jun, 2026, 09.01 AM IST
- 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...11 Jun, 2026, 07.51 AM IST
- Trump says US military ops ensure safe passage of 100 million barrels of oil through HormuzPresident Donald Trump revealed a secret US military mission. This operation supported oil tankers and commercial ships. Over 100 million b...10 Jun, 2026, 11.38 PM IST
- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lowerOil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...09 Jun, 2026, 09.23 PM IST
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...09 Jun, 2026, 06.25 PM IST
- Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...09 Jun, 2026, 08.07 AM IST
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...09 Jun, 2026, 01.48 AM IST
- Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...08 Jun, 2026, 12.30 PM IST
- Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...08 Jun, 2026, 10.44 AM IST
- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...07 Jun, 2026, 07.07 PM IST
- Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran ten...04 Jun, 2026, 07.22 AM IST
- Oil Price Today (June 2): Crude oil at $95 per barrel amid conflicting Iran war signals. What are experts saying?Oil prices held steady Tuesday, following Monday's surge, as global markets weighed U.S.-Iran ceasefire talks and the potential reopening o...02 Jun, 2026, 07.35 AM IST
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