Oil prices expected to rise as hope fades of end to Iran war
Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz
Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz
Concurrently with rising speculation over Iran and the United States reaching an agreement to de-escalate tensions and reopen the…
Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz.
Global oil prices tumbled by around 20 per cent from 2026 highs in May as investors grew increasingly optimistic on prospects for…
Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is…
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Oil prices dropped sharply, with Brent nearing $93 per barrel, as the US and Iran tentatively agreed to extend a truce,…
