Middle East crude benchmarks have shifted into contango for the first time since the conflict began, signaling that traders increasingly expect Gulf oil supplies and tanker traffic to recover if the U.S.-Iran agreement holds.

Oil markets have begun looking beyond the conflict itself and toward a future in which Mideast crude exports return to international markets — albeit gradually.

Oil prices rebounded as concerns grew over the lack of details in a preliminary U.S.-Iran agreement to end the war. The resumption of supply through the Strait of Hormuz may take…

Dubai crude premiums fall to $2.06, matching pre-war levels after the US-Iran framework deal, but oil prices remain $10-20 above pre-conflict benchmarks.

Middle East crude benchmarks have shifted into contango for the first time since the conflict began, signaling that traders increasingly expect Gulf oil supplies and tanker…

Markets are anticipating the return of oil flows through the Strait of Hormuz, although analysts warn that significant upside risks remain.

Middle East crude prices decline into discounts as US-Iran deal improves supply outlook, impacting global oil markets.

Crude benchmarks retreat on hopes of US-Iran truce and returning Gulf supplies

Falling Murban and Dubai crude prices after the U.S.-Iran deal have opened arbitrage to ship Middle East oil to the U.S. and Europe.