Strait of Hormuz Traffic Falls to 6% of Normal as Iran Holds Firm on Demands
Traffic through the Strait of Hormuz has fallen to 6% of normal levels, with Brent crude near $94 a barrel...
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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Oil chokepoints beyond Hormuz absorb rerouted crude as Red Sea blockade bites
Oil displaced from a shuttered Strait of Hormuz is piling pressure on five other chokepoints. Bab el-Mandeb traffic has roughly...
Trump pairs naval blockade with sweeping new sanctions on Iran
President Donald Trump has combined a reinstated naval blockade of Iranian ports with sweeping new sanctions on Tehran's financial networks,...
Oil prices post weekly surge as Brent climbs 12% over two weeks on Hormuz impasse
Brent crude settled at $93.93 a barrel on Friday, capping a second straight weekly gain as the U.S. and Iran...
China’s Five-Year Plan Targets Peak Oil While Boosting Gas Storage
China's new five-year energy plan sets 2030 targets for natural gas storage and import capacity while calling for the country...
