" ... the global oil market balance appears to be deteriorating again."

Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic has heightened fears of a supply shock,…

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

Oil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply disruptions, impacting global oil…

Renewed fighting stokes fears of deeper disruptions