Crude Oil Trades Near Four-Month Low on Progress in Hormuz Strait Talks
Brent and WTI hover near multi-month lows amid reports of progress in Hormuz negotiations, reducing the geopolitical risk premium.
Brent and WTI hover near multi-month lows amid reports of progress in Hormuz negotiations, reducing the geopolitical risk premium.
Strait of Hormuz transit in doubt as 600 tankers await deal terms, raising crude oil supply risks and freight costs.
US naval escorts for Hormuz oil tankers at night underscore rising Middle East risks, fueling supply concern and bullish pressure on crude…
Pakistan's 2026 budget balances ambitious growth targets with IMF austerity and oil import constraints, testing fiscal credibility and external stability.
President Trump's announcement that the U.S. is close to a deal with Iran sent oil prices lower as markets anticipate the return…
Iran war supply shock prompts Trafigura and Vitol to shift Venezuelan oil to Asian buyers, redirecting crude flows and adding upward pressure…
An oil tanker that departed a war zone with an unexploded missile on board threatens crude supply chains and elevates geopolitical risk…
China’s pullback on Omani and UAE crude reopens a rare European import window, tightening the Asian spot market while trimming Brent premiums…
Russian oil production drops to a one-year low driven by drone attacks on energy infrastructure, tightening global supply and boosting crude prices.
Japan’s Economy Minister confirms all oil shipments will avoid the Strait of Hormuz in July, raising shipping costs and underlining Tokyo’s energy…
The US Treasury eased restrictions across Venezuela licenses, a move that could lift oil exports and weigh on crude prices while reviving…
Tankers go dark near the Strait of Hormuz to sneak more Gulf barrels, increasing crude supply and adding short-term bearish pressure on…