Escalating US-Iran tensions, including strikes and retaliation, have reignited concerns over the vital Strait of Hormuz. This ...
Economists and oil market analysts have raised their oil price forecasts for 2026, with Brent and WTI expected to average above $60 per barrel, primarily due to rising geopolitical tensions and the ...
Iran sits on one side of the Strait of Hormuz — the shipping lane for about a fifth of the world’s crude from key suppliers ...
Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...
Iran hostilities move to active war, crude prices have firmed 10%. With 50% of India's oil and 54% of its LNG passing through the Strait of Hormuz, the market is bracing for a "structural" war premium ...
LONDON, Feb 28 (Reuters) - Several tanker owners, oil majors and trading houses have suspended crude oil, fuel and liquefied ...
Crude oil prices could climb sharply after several major oil companies suspended shipments through the Strait of Hormuz amid ...
Crude oil prices show strong upward momentum; traders advised to maintain buy positions amid positive market outlook.
LONDON, Feb 28 (Reuters) - Global energy markets face one of their gravest shocks in decades as joint U.S. and Israeli strikes on Iran and Tehran’s retaliatory missile attacks across the Gulf disrupt ...
The Iran attacks mark the culmination of a geopolitical crisis that has pushed up crude oil prices this year despite widespread expectations of a surplus.
Iran produces 3% of global oil but controls the Strait of Hormuz, carrying one-fifth of global crude — giving it significant leverage over energy markets. Tankers are avoiding the strait and shipping ...
US-Iran conflict is the dominant issue, pricing in $10/bbl risk premium. Strait of Hormuz blockade could send Brent crude ...