Tag: hormuz
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Oil slips from five-month highs with Hormuz crossings, Russian sanctions waiver in focus
NEW YORK, Oct 19 : Oil prices slipped more than $1 on Monday as investors took profits after prices climbed to multi-month highs last week, while keeping a close watch on conflicts in the Middle East and Ukraine and assessing the impact of U.S. waivers on some sanctions and tariffs affecting Russian exports.B
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Oil slips from five-month high with Hormuz transits in focus
LONDON, Oct 19 : Oil prices slipped on Monday as investors booked profits from the multi-month highs hit at the end of last week, with the focus remaining on the potential for the conflicts in the Middle East and Ukraine to alter the global oil supply-demand balance. Brent crude futures fell $1.34, or 1.22 p
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Ship attack reports near Hormuz reach record high as oil exports slow
BBC Verify analysis of data from a UK maritime agency shows 12 vessels were struck in a week.
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One Singapore ship was sunk, but here’s why others are still transiting the Strait of Hormuz
Singapore vessels are set to continue navigating the perilous Strait of Hormuz despite attacks on two container ships, said maritime experts.
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Container ship sinks in Strait of Hormuz after being hit by projectile, Singapore says
All 21 sailors on GFS Pride were evacuated safely after it was hit by an unidentified projectile on Tuesday, Singaporean authorities say.
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Middle East oil exports recover to pre-Iran war levels despite Hormuz attacks
Gulf crude exports returned to pre-war levels in September, with producers increasingly relying on alternative routes and ship-to-ship transfers to bypass Hormuz. Iranian exports remain below the pre-war average.
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Stocks drop and oil rises as Hormuz hopes fade
HONG KONG: Asian stocks mostly fell and oil prices extended gains as hopes for a reopening of the Strait of Hormuz fade amid expectations that the Federal Reserve will hike interest rates again next month.Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran’s
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Iran sticks to Hormuz plan after Trump rejects it
Iranian officials that while they were aware of Trump’s comments on rejecting the new proposal, they had not received a formal message rejecting the plan that would open the Strait of Hormuz.
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Trump rejects Iran proposal to reopen Strait of Hormuz
US President Donald Trump says he has rejected an Iranian proposal to reopen the Strait of Hormuz and put an end to hostilities.
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Iran offers plan to reopen Strait of Hormuz within 7 days
Tehran says it has sent Washington a concrete proposal to halt the fighting and reopen the Strait of Hormuz. Now the pressure is on the US to respond.
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