Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.

As U.S.-Iran talks show little sign of progress, commercial traffic through the Strait of Hormuz remains sharply reduced, raising concerns about global energy markets and supply…

Global oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US oil exports and a significant drop in…

Oil prices remain below $100 despite the Strait of Hormuz closure. New all-time high by September 30 at 18% YES.

Oil importers in Global South to feel supply shortage heat, analysts say

More than 100 days into the Middle East crisis, the Strait of Hormuz remains the world's biggest shipping question mark. Iran has now signalled that the strategic waterway will…

Oil prices are likely to rise further as the Strait of Hormuz remains closed, and once it opens, the market will take months to normalize.

One of the biggest mysteries of the global economy is why the oil market has remained so calm during one of the greatest supply shocks in history.

Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global…