Oil Prices Hit Lowest Since Ceasefire Deal: What This Means for Investors and Businesses in Oman
Oil prices dropped nearly 3% to their lowest since the Iran war's start, as a US-Iran interim deal to end
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Oil prices dropped nearly 3% to their lowest since the Iran war's start, as a US-Iran interim deal to end
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Shipowners won't resume transit through the Strait of Hormuz for weeks until confident the U.S.-Iran deal is "material," Mitsui O.S.K.
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Oil prices surged on Thursday amid heightened U.S.-Iran tensions, particularly after Iran declared the Strait of Hormuz closed. Brent futures
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Opec+ is expected to approve a fourth consecutive increase in oil production targets by around 188,000 bpd from July, despite
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OPEC+ ministers meet to consider raising oil production quotas amid soaring prices caused by the Iran war blocking Gulf shipments.
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Oil prices gained over 1% as peace talks between the US and Iran continue, with supply tightness and US inventory
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Traffic in the Strait of Hormuz remains throttled due to U.S.-Iranian naval skirmishes. Competing blockades have trapped about 1,600 ships.
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Oil prices climbed as the US struck Iranian military sites after Iran fired on US warships in the Strait of
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French shipping group CMA CGM reported that its vessel San Antonio was attacked in the Strait of Hormuz, causing crew
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President Donald Trump announced Project Freedom, a U.S. initiative to guide stranded ships through the Strait of Hormuz, effectively closed
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