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Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
At the gates of Hormuz, 80 million barrels of oil are on standbyLarge volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...
'All US blockade enforcement efforts have ceased': Centcom lifts blockade on ships to, from Iranian portsBig news out of the Middle East! The US has officially lifted its blockade on ships going to and from Iranian ports. Central Command confir...
First tankers cross strait after Iran deal; Israeli strikes stir doubt in LebanonIn a groundbreaking agreement between the US and Iran, efforts are underway to resolve a conflict that has long disrupted global energy flo...
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
Tankers exit Hormuz as Trump, Vance talk up Iran deal prospectsTwo Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
Iran seizes vessel in Strait of Hormuz, defying US naval superiorityUS-Iran war news: Tehran showcased its power over the Strait of Hormuz with a video of commandos boarding a cargo ship. This comes after pe...
Iran shows off its control over strait after collapse of peace talksIran has asserted control over the Strait of Hormuz. This follows the breakdown of peace talks. The United States has boarded another tanke...
Iran menaces Hormuz as its own oil tankers test US blockadeIranian gunboats attacked commercial ships in the Strait of Hormuz. Two Iranian oil supertankers are testing a US blockade in the Arabian S...
US Israel-Iran War Day 51: Strait of Hormuz tensions rise as Iran fires on tanker, talks continueIran War News Day 51: As the clock ticks into the 51st day of the Iran-Israel conflict, West Asia finds itself in a heightened state of ale...
Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...
Soon you'll be nostalgic for $4–$5 gas: Iran threatens as Trump's blockade threat loomsGlobal fuel costs are set to rise as the US threatens a naval blockade on Iran. Tehran warns consumers will feel the impact. Direct US-Iran...
Two supertankers including Pakistan-flagged ship take a u-turn at Hormuz as US-Iran talks collapseTwo empty supertankers turned back from the Strait of Hormuz at the last moment as US-Iran peace talks in Islamabad collapsed, highlighting...
Trump says giant empty tankers headed to US for 'world's best oil'President Donald Trump announced on Truth Social that large oil tankers are en route to the United States. He stated that America possesses...
Hormuz sees fresh activity: Three oil supertankers appear to make move through strait as US–Iran talks beginThree oil supertankers are currently navigating the Strait of Hormuz, signalling a potential revival in shipping activity after weeks of di...
US issues fresh sanctions targeting Venezuela's oil sectorThe US has imposed sanctions on four companies and associated oil tankers operating in Venezuela's oil sector, intensifying pressure on Pre...
PDVSA and Reliance resume oil swap under US license, document showsVenezuela's PDVSA and India's Reliance Industries have restarted an oil swap deal after a pause due to U.S. sanctions. A U.S. license grant...