LONDON, July 15 : Oil extended gains by around 2 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary Guard Corps threatened to close "all other export corridors that benefit the U.S. and its allies".Brent futures climbed $1.71, or 2

Iran says it will not allow Washington to intervene in the Strait of Hormuz

Brent crude surged 9.6 per cent to close at US$83.30 per barrel on July 13. Read more at straitstimes.com. Read more at straitstimes.com.

July 14 : Oil prices rose 2 per cent on Tuesday to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the…

Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…

Crude oil futures climb as Trump reinstates a blockade on Iranian ports, significantly impacting shipping costs and market dynamics.

Prices have now climbed to their highest levels since US and Iran signed memorandum of understanding aimed at ending conflict

Brent crude futures climbs to $85.20 per barrel while US West Texas Intermediate crude rises to $80.05 a barrel.

Brent crude surged 9.59% over two days to $83.30 as US-Iran military escalation and Strait of Hormuz tanker attacks reignited global supply disruption

Oil prices increased as President Donald Trump reimposed naval blockades on Iranian ports. Iran retaliated with strikes on United States infrastructure in the region. Brent and…

LONDON, July 15 : Oil extended gains by around 2 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary…

LONDON, July 15 : Oil extended gains by around 1 per cent on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran's Islamic Revolutionary…

Discover why oil prices are surging following intensified Iran strikes and disruptions to a key global energy chokepoint. Read more at straitstimes.com. Read more at…

US resumes blockade on the Islamic Republic’s shipping through the Strait of Hormuz

SINGAPORE: Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on US infrastructure in the…