#Strait of Hormuz
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Brent Crude Nears $97 as Kuwait Escalation Tests Hormuz Flows
Brent crude climbed above $97 before easing to $96.20 as military escalation involving Kuwait revived fears over the Strait of…
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Brent Crude Jumps 7% in a Week as Hormuz Risk Keeps Oil Near $95
Brent crude climbed about 7% for the week and briefly touched $96.59 as renewed threats to shipping through the Strait…
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Brent Crude Holds Above $92 as Hormuz Tensions Clash With 21.9 Million-Barrel U.S. Inventory Build
Brent crude stayed above $92 and WTI neared $88 as attacks near the Strait of Hormuz lifted geopolitical risk. The…
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Brent Crude Tops $91 as Strait of Hormuz Tensions Lift Diesel Spreads
Brent crude moved above $91 a barrel while U.S.-Iran military exchanges revived fears over shipping through the Strait of Hormuz.…
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Brent Crude Reclaims $90 After Hormuz Escalation Rekindles Supply Fears
Brent crude moved back above $90 a barrel after a U.S. strike near the Strait of Hormuz disrupted the recent…
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Strait of Hormuz Tensions Jolt Oil Markets After Tanker Fire Claim
A claim that a supertanker caught fire in the Strait of Hormuz after hitting naval mines has sharpened focus on…
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Brent Crude Slides 5.6% as Hormuz Transit Hopes Pressure Oil
Brent crude has fallen 5.6% this week as signs of progress around the Strait of Hormuz eased part of the…
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Brent Crude Holds Above $91 as 8.3 Million Bpd Remains Shut In
Brent crude stayed above $91 as supply disruptions linked to the Strait of Hormuz left 8.3 million barrels a day…
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Brent Nears $91 as Hormuz Disruption Adds a $6 Oil Risk Premium
Brent crude traded near $91 a barrel as disruptions around the Strait of Hormuz and the expiry of a U.S.-Iran…
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Strait of Hormuz Tensions Deepen as Qatar Rejects Iran Pilot Claims
Qatar has denied detaining three Iranian pilots allegedly captured after two Su-24 jets were downed near Al-Udeid in March. The…