Tag: energy markets

Brent Crude Tops $90 as US-Iran Ceasefire Expires, Trump Threatens Oman

Brent crude climbed above $90 a barrel after the US-Iran ceasefire window expired and Trump threatened Oman, reversing weeks of market calm.

Iran Claims Control of Strait of Hormuz as Oil Risks $120 a Barrel

Iran declares full control of the Strait of Hormuz, rejecting US claims, as a diplomatic deadlock threatens to push oil prices toward $120 a barrel.

Strait of Hormuz Ship Traffic Plunges 90% as US-Iran Talks Stall

Only eight vessels crossed the Strait of Hormuz on Tuesday, a 90% drop from pre-war levels, as US-Iran peace talks stall and Trump claims US control.

Oil Climbs as Hopes for Imminent Strait of Hormuz Deal Fade

Crude climbs above $84 in the U.S. and past $89 internationally as hopes for an imminent Strait of Hormuz reopening deal collapse into deadlock.

Oil Pares Gains as Bessent Signals Hormuz Deal Could Land Within Days

Crude prices eased after US Treasury Secretary Bessent signaled a Strait of Hormuz reopening deal could come within days, emphasizing freedom of movement.

Crude Prices Climb as Iran Sets Conditions for Reopening Strait of Hormuz

Oil prices climbed as Tehran demanded an end to a US naval blockade before reopening the Strait of Hormuz, deepening uncertainty in energy markets.

Oil Prices Ease as US and Iran Pause Attacks, Easing Pressure on Fuel Markets

Brent crude fell 4.9% to $92.02 after the US and Iran refrained from Persian Gulf strikes for a second day, easing pressure on global fuel markets.

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