Tag: hormuz
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Middle East: Iran vows response to fresh US sanctions
Iran vowed to push back against new US “economic D-day,” sanctions saying key trading partners would resist US pressure. Meanwhile, Pakistan reports progress in US-Iran mediation efforts. Follow DW for more.
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Oil slips ahead of US announcement of new sanctions on Iran
NEW YORK, Aug 24 : Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new U.S. sanctions on Iran, which could further disrupt supplies from the Middle East.Brent crude futures were down $1.71, or 1.81 per cent, to $92.69 at 12:48 p.m.…
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Oil hits three-week high on uncertainty over Hormuz
Aug 19 : Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and ongoing supply disruptions supported the market.Brent crude futures climbed 45 cents, or 0.49 per cent, to $91.47 by 0754 GMT, while U.S. West Texas Intermediate crude futures were up 45 cents,
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Oil edges up on uncertainty over exports through Hormuz
Aug 19 : Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships. Brent crude futures climbed 26 cents, or 0.29 per cent, to $91.28 by 0
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Oil inches up as US-Iran peace deal fades
NEW YORK, Aug 18 : Oil prices inched up on Tuesday, marking a third day of gains, as Iran said it would adopt a more offensive stance and the Strait of Hormuz would remain closed, and Washington ruled out extending a ceasefire.Brent crude futures were up 59 cents, or 0.7 per cent, at $91.46 a…
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Oil rises as US-Iran peace hopes fade
NEW YORK, Aug 18 : Oil prices were slightly higher on Tuesday, gaining for a third straight session, as prospects for a U.S.-Iranian peace deal dimmed after Tehran said it would adopt a more offensive stance and Washington ruled out extending a ceasefire deal. Brent crude futures were up 36 cents, or 0.4 p
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Oil prices at near three-week high as US-Iran peace hopes fade
LONDON, Aug 18 : Oil prices rose for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions.Brent crude futu
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India: Testing agency revamp follows renewed criticism
India’s education ministry has directed the NTA to audit its exam process amid renewed calls for the agency to be dissolved. Meanwhile, Indian sailors are allegedly being pressured to sail through the Strait of Hormuz.
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Oil settles up over $2 as Iran war stalemate stokes supply concerns
HOUSTON, Aug 17 : Oil prices settled up by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war, with U.S. President Donald Trump demanding Iran’s surrender and threatening to bomb Oman.Brent crude futures settled up $2.35, or 2.65 per c
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Oil jumps $2 as investors weigh Iran war stalemate, stoking supply concerns
HOUSTON, Aug 17 : Oil prices rose by more than $2 on Monday on global supply worries stoked by investor pessimism about diplomatic efforts to resolve the Iran war, with U.S. President Donald Trump demanding Iran’s surrender and threatening to bomb Oman.Brent crude futures were up $2.50, or 2.82 per cent, at $
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