Strait of Hormuz Oil Flows Drop Back Near Pre Deal Levels
Oil flows through the strait of Hormuz have collapsed again as US Iran fighting resumes, pushing Brent and WTI up more than 8% in five days and rattling global supply.
Sarah Ross4 min read
strait of hormuz
Sarah Ross4 min read
Oil Prices Surge 4% as Iran Tensions With US Rekindle Supply Fears
Oil prices surge as Iran conflict escalates and tanker traffic through the Strait of Hormuz slows to a trickle, rattling energy markets, stocks and bonds alike.
Sarah Ross3 min read
US Military Launches Strikes Against Iran Second Day
The US military launches strikes against Iran for a second consecutive day this week, an escalation that has rattled financial markets and cast fresh doubt on a ceasefire that both…
Sarah Ross1 min read
Trump Says He May Just Take Over Kharg Island Without a Deal
Trump says he may just be a mob character as he threatens renewed strikes on Iran, a Strait of Hormuz blockade, and possible seizure of Kharg Island's oil hub.
Connor Simmons3 min read
Oil Prices Jump on Renewed US Iran Hostilities After Trump Ceasefire Comments
Oil prices jump on renewed US Iran hostilities as President Trump signals the ceasefire may be over. USO climbs 3.47% amid new shipping attacks and waiver revocation.
Chris Wood2 min read
United States Revokes License Authorizing Iranian Oil Sales
Crude jumped over 5% after Washington revoked a key Iranian oil license, following tanker strikes near the Strait of Hormuz that threaten a fragile nuclear negotiation between the two nations.
Frank Carr3 min read
Oil Drops Below $75 Per Barrel for First Time
Crude oil prices dropped roughly 4.4% after the United States and Iran signed a peace memorandum reopening the Strait of Hormuz. USO hit a near 52-week low as Brent fell…
Frank Carr5 min read
VLCC Rates Surge to 470000 Dollars a Day
Tanker rates on Persian Gulf routes have reached nine times normal benchmark levels following the U.S. and Iran memorandum of understanding, while USO dropped 4.19% to 106.53. Here is what…
Sarah Ross5 min read
Oil Prices Fall to Pre Iran War Lows
Crude oil prices dropped nearly 5% to their lowest level since the Iran war began, with USO falling to $107.02. Peace talks in Switzerland and a pledge to reopen the…
Frank Carr5 min read
Oil Storage May Drive Billion-Barrel Demand
The Strait of Hormuz closure has drained global oil reserves to historic lows and triggered a wave of storage expansion plans across Asia worth up to 1 billion barrels —…
Connor Simmons5 min read
