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OIL SHIPPING HORMUZ NEWS
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...
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...
Oil Price Today (June 12): Crude oil hits 2-month low as Trump halts strikes on Iran. Where is liquid gold headed?Oil prices dropped to a two-month low as President Trump called off planned military strikes on Iran, easing geopolitical tensions. Brent c...
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...
Iran closes Strait of Hormuz, warns it will shoot vessels; strikes US Fifth Fleet in Bahrain againTensions between the United States and Iran have surged. Iran struck American military sites in Bahrain and Kuwait. The Strait of Hormuz wa...
US and Iran trade attacks for a second day, undermining shaky ceasefireUnited States and Iran exchanged air strikes for a second day. President Trump vowed more attacks if Iran does not agree to a peace deal. T...
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 ...
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...
US launches new strikes after Trump threatens to attack Iran 'very hard'The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless...
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...
Shipping Ministry confirms attack on vessel carrying 24 Indian seafarers south of the Strait of HormuzA fire erupted on the oil tanker MT Marivex, located south of the Strait of Hormuz, with all 24 Indian seafarers aboard reported safe. Indi...
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 ...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
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...
Why are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Iran war, Strait of Hormuz disruption and falling oil stockpiles drive marketWhy are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Oil prices moved higher and ...
Hormuz gauntlet runner says Trump has been good for shippingDynacom Tankers Management founder George Procopiou stated that US President Donald Trump's policies have benefited the shipping industry.
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...
Oil steadies as uncertainty over US-Iran talks keeps markets on edgeOil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. ...
'I don't care if negotiations with Iran are over': Trump dismisses Hormuz oil concernsUS President Donald Trump stated he is unconcerned if talks with Iran end. He also shrugged off worries about oil prices even if Tehran blo...
Iran Guards threaten 'new fronts' over Israel's Lebanon offensiveIran's Revolutionary Guards threatened to open "new fronts" and keep the Strait of Hormuz closed over Israel's offensive in Lebanon, state ...