An Iran-Israel ceasefire would ease concerns over Tehran's crude supplies going offline, and the stability of oil transport through the Strait of Hormuz.

A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport through the Strait of Hormuz.

LONDON: Oil prices extended losses on Tuesday to hit a two-week low on what the market viewed as lower risk of supply disruptions in the Middle East, though US President Donald…

SINGAPORE: Oil prices hit their lowest in two weeks on Tuesday after Israel agreed to US President Donald Trump’s proposal for a ceasefire with Iran, alleviating worries of supply…

An Iran-Israel ceasefire would ease concerns over Tehran's crude supplies going offline, and the stability of oil transport through the Strait of Hormuz.

China currently buys around 90% of Iran’s oil exports.