U.S. Oil Inventories Shrink as Middle East Tensions Rise, Brent Prices Surge
In a stark reminder that Middle‑East conflict still reverberates across global markets, U.S. crude inventories fell sharply in t...
News About STRAIT OF HORMUZ
39 articles tagged STRAIT OF HORMUZ.
Rand Weakens as Iran-US Escalation Drives Oil Prices Higher
The South African rand slid 0.5 % in Thursday’s afternoon session, a fall that mirrors the rising tensions between Iran and the ...
US Launches New Wave of Strikes on Iran as Tehran Hits Gulf Allies with Drones
On Thursday, the United States carried out a fresh series of air and naval strikes against Iranian military targets, while Iranian...
Dollar Strengthens Amid Renewed U.S.-Iran Hostilities, Oil Prices Surge
On July 13 2026, the U.S. dollar surged against most major currencies, a move analysts tied to a fresh flare‑up between U.S. and...
US-Iran Escalation Threatens Strait of Hormuz, Sends Oil Markets Reeling
The Strait of Hormuz, the world’s most critical maritime chokepoint, rattled on 7 July when U.S. Central Command launched a new ...
US-Iran Escalation Drives Oil Prices Up 5% as IRGC Strikes U.S. Bases; Gold and Bitcoin Decline
Oil prices surged 5% on a day when the United States and Iran stepped into a new phase of military confrontation, sending shockwav...
UAE Surpasses 4-Million-Barrel Record as Gulf Oil Production Rebounds Amid Strait of Hormuz Tensions
In June 2026, the United Arab Emirates shattered its own ceiling, lifting crude output to 4.1 million barrels per day (bpd)—the ...
US-Iran Escalation Continues: Drone and Missile Strikes Hit Gulf Allies, Oil Prices Rise Marginally
On Sunday night, the Strait of Hormuz erupted into renewed hostilities as U.S. forces struck Iranian facilities while Iranian dron...
Gold Prices Hold Steady as Fed Minutes Loom and Middle East Tensions Rise
Gold prices settled flat on Tuesday, with spot gold trading at $4,168.62 an ounce by 09:01 a.m. Eastern Time, Reuters reported. U....
US-Led Military Dialogue in Bahrain Includes Syria and Lebanon, Reaffirms Commitment to Strait of Hormuz
When the sun rose over Bahrain’s desert horizon on Thursday, a quiet but historic gathering unfolded on the island’s military ...
Australia Forecasts $416 bn Export Revenue Windfall Amid Middle East Conflict, Economists Urge Savings
The Australian government’s Department of Industry, Science and Resources has projected that export revenue for the 2026‑27 fi...
Shell Forecasts Flat LNG Trade in 2026 if Hormuz Reopens This Summer
When the Strait of Hormuz fell silent in March, the world’s LNG trade was thrust into a sudden void. The closure, triggered by I...
Saudi Aramco Restarts Crude Loadings at Ras Tanura Amid Rising Oil Exports and Strait of Hormuz Tensions
On Friday, Saudi Aramco lifted the lid on its Ras Tanura terminal, beginning to load crude oil after a pause that had stretched ne...
IMO Launches Evacuation of 11,000 Seafarers Stuck in Persian Gulf After US-Iran Ceasefire
The International Maritime Organization (IMO) began a coordinated evacuation of 11,000 seafarers stranded in the Persian Gulf on 2...
IMO Launches Evacuation of 11,000 Stranded Sailors from Strait of Hormuz
The International Maritime Organization (IMO) announced on Tuesday that it will begin a large‑scale evacuation of more than 11,0...
Iran-US Conflict Drives Global Food Security Crisis, WFP Warns
The United Nations World Food Programme (WFP) released a report in early June that links the escalating conflict between the Unite...
India Hosts BRICS Security Leaders as Strait of Hormuz Reopens, Energy Security Gains Focus
On 22‑23 June 2026, New Delhi transformed into a hub of international security dialogue when the 16th BRICS National Security Ad...
US and Iran Reach 60-Day Ceasefire, Strait of Hormuz Reopens After Six-Month War
On 14 June 2026, Washington and Tehran signed a memorandum of understanding that extends the existing ceasefire for another 60 day...
Strait of Hormuz Closure Slams Indian Basmati Rice and Tea Exports to West Asia
When Iran’s iron grip on the Strait of Hormuz closed its gates, India’s fragrant basmati and aromatic tea found themselves str...
Strait Closure and the U.S.-Israel-Iran War Threaten Arab Food Security, Phenix Center Report Finds
When the world's shipping lanes froze, the ripple was felt far beyond the Persian Gulf, reaching the heart of the Arab food system...
Iran, U.S. Prepare for First Direct Talks Since April Amid Ongoing War and Strait Closure
In a world still reverberating from the clashes that erupted in February, the snow‑clad slopes of Switzerland’s Burgenstock wi...
Vice President Vance Heads to Switzerland for US-Iran Talks Amid Ongoing Ceasefire
The night sky over Joint Base Andrews flickered as Vice President James D. Vance boarded a flight bound for Switzerland, setting t...
IEA Cuts 2026 Oil Demand Forecast Amid Gulf Crisis, Eyes 2027 Recovery
A sharp contraction in global oil demand is now the headline, as the International Energy Agency (IEA) trims its 2026 outlook by 1...
Bill Maher Criticizes Trump-Iran Memorandum of Understanding as Climbdown
On Friday, Bill Maher opened HBO’s Real Time with a scathing monologue that turned the United States’ newly signed memorandum ...
Urea Prices Drop 50% as Traders Factor in Middle East Supply Unwind
In early June, urea prices collapsed by half, sliding from a peak of $918 a tonne in April to $475 a tonne. The fall follows a per...
VladTV Interview Highlights Skepticism Over Iran Ceasefire and 14-Point Memorandum
When the war in the Middle East paused for the first time in months, former Army Ranger sniper Nicholas Irving and VladTV host Sha...
U.S. and Iran Sign Preliminary Deal Ending Hostilities, Lifting Sanctions and Reopening Hormuz Strait
On a crisp June afternoon, the United States and Iran inked a memorandum of understanding (MOU) that brings an abrupt end to the t...
US-Iran Agreement to Lift Strait of Hormuz Blockade; Mine-Clearing Operations Continue
On 15 June 2026, Washington and Tehran announced that a 60‑day ceasefire, brokered by Pakistan, will be formalised in Geneva on ...
US-Iran Agreement to End Middle East Conflict Sparks Oil Price Drop
On 15 June 2026, a quiet triumph echoed across the Gulf as the United States and Iran announced a ceasefire that could reshape oil...
US and Iran Reach Interim Ceasefire, Reopen Strait of Hormuz Amid Ongoing Conflict
On 14 June 2026, a fragile pause settled over the Persian Gulf as the United States and Iran signed an interim memorandum of under...
US-Iran Memorandum Reopens Strait of Hormuz, Lifts Sanctions - June 2026
On 15 June 2026, the United States and the Islamic Republic of Iran signed a memorandum of understanding that extends the ceasefir...
US and Iran Sign 60-Day Ceasefire MoU, Reopen Strait of Hormuz, Set Stage for Nuclear Talks
On June 14 2026, a fragile truce was inked in Switzerland when the United States and Iran signed a memorandum of understanding (Mo...
US-Iran Framework Deal to Reopen Strait of Hormuz Sparks Oil Market Shift
On 14 June 2026, a quiet ceasefire agreement between Washington and Tehran sent shockwaves through oil markets, lowering prices as...
Bitcoin Surges Past $65,000 as US-Iran Peace Deal Sparks Risk-On Market Move
On Monday, Bitcoin vaulted past the $65,000 mark, a rally that mirrored the optimism unleashed by the U.S.‑Iran framework agreem...
Gold Climbs to Highest Since June 9 as Oil Falls Amid U.S.-Iran Peace Talks
Gold prices extended their advance for a third straight session on Monday, reaching the highest levels since June 9. The precious ...
Belgium Ready to Aid Reopening of Strait of Hormuz After US-Iran Framework Deal
Belgium’s foreign minister announced that the country is prepared to help restore free navigation through the Strait of Hormuz f...
Oil Prices Drop as Iran-US-Israel Agreement Signals End to Hormuz Blockade
On Friday, global markets surged as news of a fresh Iran‑U.S.‑Israel agreement hinted at a return to normal shipping through t...
US-Iran Peace Deal Triggers Global Market Rally and Oil Price Drop
A sudden calm in the Gulf sent shockwaves through global markets on 15 June 2026, when the United States and Iran announced a tent...
US-Iran Memorandum Ends Hostilities, Reopens Strait of Hormuz
On 14 June 2026, the United States and Iran signed a memorandum of understanding that brought an end to months of fighting and ope...