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Strait of Hormuz

  • In the NewsOil & Gas

    Oil prices slip 1% as Iran diplomacy eases supply fears, but Brent stays near $115

    by Oluwatosin Racheal Alabi October 27, 2026
    by Oluwatosin Racheal Alabi October 27, 2026

    Brent fell about 1% to $114.81 and WTI to $100.88 as Tehran talks lifted hopes of a US-Iran breakthrough, despite Houthi attacks on Saudi Arabia.

  • In the NewsOil & Gas

    Oil prices retreat as Hormuz shipping attacks meet US push to ease tanker sanctions

    by Oluwatosin Racheal Alabi October 15, 2026
    by Oluwatosin Racheal Alabi October 15, 2026

    Brent fell about 1.6% to near $104 a barrel as Hormuz shipping attacks clashed with a US plan to ease sanctions on oil vessels.

  • In the NewsOil & Gas

    Oil prices rise as Gulf tanker attacks and a U.S. hurricane squeeze supply

    by Otobong Tommy October 8, 2026
    by Otobong Tommy October 8, 2026

    Brent crude rose above $101 a barrel as tanker attacks near Hormuz and a Gulf of Mexico hurricane threatened supply despite emergency stock releases.

  • In the News

    Iran says Hormuz stays shut as oil holds above $100 and energy fears grow

    by Otobong Tommy October 5, 2026
    by Otobong Tommy October 5, 2026

    Iran says the Strait of Hormuz will stay shut until the United States meets seven conditions, leaving oil above $100 and energy markets anxious

  • In the News

    Middle East Oil Exports Hit Highest Level Since Iran War as Saudi Shipments Surge

    by Otobong Tommy September 29, 2026
    by Otobong Tommy September 29, 2026

    Middle East crude exports hit their highest level since the Iran war began, led by a rebound in Saudi shipments through the Strait of Hormuz.

  • In the News

    Gulf states call off Iran meeting as Houthis launch a new attack on Saudi

    by Otobong Tommy September 14, 2026
    by Otobong Tommy September 14, 2026

    Gulf states called off a planned meeting with Iran as Yemen’s Houthis struck a Saudi airbase, sending oil prices higher amid a widening Middle East war.

  • In the News

    Oil prices rise over 3% after new strikes on Saudi and the Strait of Hormuz

    by Otobong Tommy September 14, 2026
    by Otobong Tommy September 14, 2026

    Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.

  • In the News

    Marine fuel supply squeeze eases as the market adapts to prolonged Hormuz disruption

    by Otobong Tommy September 10, 2026
    by Otobong Tommy September 10, 2026

    A marine fuel supply squeeze at major shipping hubs has eased as the market adapts to prolonged Strait of Hormuz disruption, industry sources say.

  • In the News

    Brent crude rises above $100 a barrel as Middle East conflict escalates

    by Otobong Tommy September 9, 2026
    by Otobong Tommy September 9, 2026

    Brent crude rose above $100 a barrel for the first time since July as escalating Middle East conflict deepened fears over regional oil supply.

  • In the News

    Iran says it will declare a new restricted zone in the Gulf within days

    by Otobong Tommy September 7, 2026
    by Otobong Tommy September 7, 2026

    Iran says it will soon declare a new restricted zone in the Gulf and new Strait of Hormuz shipping maps, as fresh US-Iran attacks on ships lifted oil prices.

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