Supertankers resume risky Hormuz transits after two-month Gulf delay

Supertankers resume risky Hormuz transits after two-month Gulf delay

Oil prices edged higher on Thursday as continuous supply disruptions due to the Iran conflict raised concerns over tightening fuel reserves across the globe. Benchmark oil prices…

US oil prices dropped sharply as reports emerged of a US-Iran agreement nearing completion. Brent crude fell 6% to $105.02 while WTI slid to $98.26.

Brent and WTI crude oil prices fell nearly 5% on US-Iran deal reports, easing supply fears. Bitcoin rallied toward $82K as risk assets benefited.

Oil prices climbed on Friday as investors remained uncertain about the prospects of a breakthrough in ongoing US-Iran peace negotiations, while concerns over supply disruptions…

Oil prices rose as traders grew skeptical that U.S.-Iran talks would quickly reopen the Strait of Hormuz and ease the global supply shock.