The closure of the Strait of Hormuz has displaced tens of millions of barrels of crude since the war began in February.

Crude oil prices fell over 4% to their lowest levels in over three months.

The Hormuz ceasefire calmed markets fast, but Iran gained leverage, Israel lost tempo, and the Gulf faces a bigger resilience bill. What each actor actually won.

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,…

Experts warn oil and fuel prices may remain high as restoring production, shipping and confidence after Strait of Hormuz disruption could take months.

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…

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