Supply fears grow as US-Iran tensions threaten key Hormuz shipping route

Supply fears grow as US-Iran tensions threaten key Hormuz shipping route

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed…

Two sides agree to stop strikes and maintain flow of ships through the Strait of Hormuz, according to report

Oil prices rose in global market trading on Monday amid ongoing tensions in the Strait of Hormuz and a slowdown in energy transport thro ...

Oil prices rose slightly as hostilities between the United States and Iran continued for a fourth consecutive day, while Iran maintained its insistence on controlling the Strait…

Oil markets send mixed signals with Brent rising, WTI easing and Murban outperforming as US-Iran talks and Strait of Hormuz traffic stay in focus.

Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures fell around 0.7% to $70.28 per barrel, as seen at 7.20 am on…