Strait of Hormuz

The Strait of Hormuz, usually a serene vacation spot near Oman and UAE, has become a global energy choke point

Leading European nations, Japan, and Canada condemned Iran's attacks on commercial vessels and infrastructure in the Gulf, urging Iran to

The Iran war has shattered Gulf energy producers' fragile coexistence, raising Middle East risk premiums for years. Tehran's strikes on

Iran’s threat to send oil prices to $200 a barrel seems increasingly likely as the Iran-Israel-U.S. war disrupts crude supply.

Oil prices hovered around $100 a barrel as the Iran war entered its third week, with no signs of backing

Iranian crude oil exports have remained steady through the Strait of Hormuz, despite Tehran-linked attacks on ships. Since February 28,

The Oman crude closed at $144.36 on May 26, up $9.61 from $134.75. It surpassed the previous high of $141.27

Oil prices remained above $100 as equity markets fell following Iran's threats to block the Strait of Hormuz, escalating tensions

Oil prices surged about 6% as Iran intensified attacks on shipping in the Middle East, raising fears of conflict and

Saudi Arabia's Aramco warned of "catastrophic consequences" for global oil markets if the Iran war keeps disrupting shipping in the

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