The US secretary of interior attributes the drop in oil prices to millions more barrels leaving the Strait of Hormuz

Hormuz is now a lot less blocked, with transits becoming more steady and greater in volume... About 2 million barrels a day of oil and related products are now flowing out of the…

Oil shipments through the Strait of Hormuz are increasing for non-Iranian producers. This surge occurs despite ongoing tensions between Washington and Tehran. Iranian oil exports…

The US secretary of interior attributes the drop in oil prices to millions more barrels leaving the Strait of Hormuz

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity…

Oil prices dropped significantly after the US and Iran announced a peace deal to reopen the vital Strait of Hormuz shipping lane. Read more at straitstimes.com. Read more at…

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement,…

Oil prices fell sharply after the U.S. and Iran announced a deal to reopen the Strait of Hormuz.

The landmark US-Iran peace deal will see the Strait of Hormuz reopened within 30 days, allowing roughly 20 per cent of the world's oil and gas supplies to flow freely again

Interim accord to ease supply crunch that has gripped energy markets since February

US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin also rallies toward $74K.

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy.