IEA Chief Proposes Iraq-Turkey Pipeline as Alternative to Strait of Hormuz
Fatih Birol, the Executive Director of the International Energy Agency, has suggested the construction of a new oil pipeline connecting Iraq’s…
Strait of Hormuz Dilemma Persists as LNG Tankers Turn Back While Iran Blocks Waterway
Iran has informed ship captains that the vital Strait of Hormuz is once again off-limits to marine traffic, resulting in several tankers…
Iran warns that the Strait of Hormuz will be closed if the US blockade persists.
Iran has reversed its decision to open the Strait of Hormuz due to the ongoing US blockade. Iran’s Speaker of Parliament MB Ghalibaf…
Traders wager $760 million on declining oil prices ahead of Hormuz announcement.
Investors made a significant wager of approximately $760 million on a declining oil price roughly 20 minutes prior to the announcement from…
Jet fuel costs could remain elevated even after the reopening of Hormuz, as it will take time for supply to stabilize: ING
Jet fuel prices are expected to stay high in the short term, despite Iran’s recent decision to reopen the Strait of Hormuz. Supply…
Headlines: Iran declares Hormuz is accessible, markets gain for a second consecutive week, Constitution amendment proposal unsuccessful, and additional updates.
India aimed to ease supply concerns, asserting that fuel availability remains steady amidst global oil fluctuations, even as geopolitical…
US Market Live Update: Dow Surges Nearly 1,000 Points After Iran Announces Reopening of Hormuz
US Market Live Update: Wall Street experienced a robust opening on Friday, continuing its record-setting rally as decreased geopolitical…
Europe considers forming a Hormuz security alliance without the US, according to a report.
European countries are strategizing to create a coalition for US-free naval protection in the Strait of Hormuz post-conflict, aiming to secure…
US to Allow Expiration of Iran Oil Sanctions Waiver in Light of Hormuz Blockade
The Trump administration is set to let a waiver that temporarily permits the purchase of certain Iranian crude oil expire this weekend, as…
Saudi Arabia calls on the US to lift the Strait of Hormuz blockade and restart talks, according to reports.
Saudi Arabia is reportedly urging the US to reconsider its blockade of the Strait of Hormuz. The kingdom is calling on Washington to “return…