News

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...
Bangladesh is likely to face disruptions in fuel imports, as the ongoing Iran-Israel conflict may affect the routes through ...
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...
The oil market remains on edge with the conflict between Israel and Iran entering its sixth day. Iron ore prices sank below ...
Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.
When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...
Oil prices ticked up in early trading on Wednesday after ending the previous session up more than 4% on worries that the Iran ...
However, Tony Sycamore, a market analyst at IG, said that ongoing tensions in the Middle East and the risk of slowing global ...