Exchange of attacks brings traffic through Strait of Hormuz to near halt

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.

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

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

Oil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting supply routes. Concerns over rising…

Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over…

LONDON, July 10 : Oil prices rose on Friday and were on track for weekly gains as renewed U.S.-Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over…

NEW DELHI, July 10 : Oil prices rose on Friday and were set for weekly gains because of renewed fears of supply disruptions from the key Middle East producing region after renewed…

Crude oil prices are heading for a weekly gain as renewed U.S.-Iran hostilities disrupt shipping through the Strait of Hormuz, although expectations of eventual diplomacy continue…

Exchange of attacks brings traffic through Strait of Hormuz to near halt