Fresh hostilities will test suppliers’ ability to keep vessels crossing Strait of Hormuz chokepoint

Traders brace for potential export disruptions as tensions flare around Hormuz

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a barrel. Both benchmarks had already…

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Renewed U.S.-Iran military strikes and attacks on commercial shipping near the Strait of Hormuz have lifted oil prices and reminded markets that geopolitical risks remain a major…

“The current conflagration is a reminder to the market of how fragile passage through the Strait still is,” analyst says.

Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US and Iranian forces exchanging strikes after attacks on ships…

The price of Brent crude oil was up by as much as 3% on Wednesday morning to around 76 US dollars a barrel.

(Bloomberg) -- Oil gained and US equity-index futures slipped after the US said it struck Iran for a second straight day, stoking fears the conflict could disrupt shipping through…

West Texas Intermediate rose as much as 2.2% to top US$75 a barrel following a gain of more than 4% on July 8. Read more at straitstimes.com. Read more at straitstimes.com.

July 9 : Oil prices were little changed on Thursday as markets assessed the impact of fresh U.S. strikes on Iran, which could hinder progress on talks to end their war and allow…

BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait…

July 9 : Oil prices rose more than 1 per cent on Thursday after the U.S. carried out fresh strikes on Iran, denting hopes for talks to end their war and for the full reopening of…

Brent crude futures gained 78 cents, or 1%, to $78.8 a barrel while U.S. West Texas Intermediate (WTI) crude futures rose 74 cents, or 1.01%, to $74.26 a barrel. On Wednesday, the…

Fresh hostilities will test suppliers’ ability to keep vessels crossing Strait of Hormuz chokepoint