Oil in Oman soars above $150 as buyers rush to replace Gulf barrels
Closure of Strait of Hormuz has caused growing ‘dislocation’ between global benchmarks and cost of physical supplies
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Stocks and bonds stabilise as Middle East war widens
Oil briefly hit $85 a barrel as Iraqi production shuts down because so few tankers risk journey through Strait of Hormuz
The oil price crunch is looming
The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes
Why oil traders are watching the Strait of Hormuz
Crude prices soar over potential for disruption to the narrow waterway
The other Strait of Hormuz shock
Disruption to commodities far beyond oil and gas will have a long-lasting impact
Oil supply crunch intensifies as last Hormuz tankers reach refineries
Final prewar cargoes to leave Gulf set to unload in coming days, escalating a global rush to secure barrels
US faced with few good options to tamp down surging oil prices
Experts say reopening Strait of Hormuz remains most viable option as ideas such as influencing futures market fade