North Sea oil prices hit record high as Iran keeps hold over Strait of Hormuz
Washington-Tehran ceasefire agreement fails to stem global energy crunch
Washington-Tehran ceasefire agreement fails to stem global energy crunch

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Extent of increase likely to depend on whether Tehran retaliates with attacks on oil infrastructure or shipping in Strait of…

Brent crude at highest level in three weeks

Oil prices tumble following deal between Washington and Tehran to open Strait of Hormuz

Reopening the critical waterway is a sticking point in negotiations as oil supply bottlenecks prompt a global energy crisis

The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes