Tag: oil
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Trump offers Iran an economic lifeline — with strings
Iran has seen a speedy rebound in oil exports after the US-Iran deal granted immediate waivers on US sanctions. Relief on frozen assets and a $300 billion reconstruction fund now hinge on Tehran meeting key conditions.
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Oil extends slide to more than 1% on expectations of smoother crude flows via Hormuz
BENGALURU, June 24 : Oil prices fell more than 1 per cent on Wednesday, extending this week’s losses to hit fresh four-month lows on signs that more oil tankers are set to move out of the Strait of Hormuz. Brent crude futures were down $1.37, or 1.8 per cent, at $75.71 a barrel by 0805…
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Oil prices extend decline on expectations of smoother crude flows via Hormuz
TOKYO, June 24 : Oil prices fell on Wednesday, extending this week’s losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded in the Gulf since the start of the Iran war are set to move out of the Strait of Hormuz. Brent crude futures were down…
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Oil extends losses as investors focus on Hormuz flows after peace talks
BENGALURU/LONDON June 23 : Oil prices fell on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures were down 44 cents, or 0.6 per cent, to $77.46 a barrel and U.S. West Texas Int
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India news: US waiver clears way for Iran oil purchase
Iran has contacted Indian refiners to sell its oil after the US temporarily lifted sanctions on Tehran. Meanwhile, an Indian startup founder is going to head Meta’s WhatsApp. Follow DW for more.
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Oil falls 1% as investors focus on Hormuz flows after peace talks
June 23 : Oil prices fell more than 1 per cent on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures fell $1.09, or 1.4 per cent, to $76.81 a barrel and U.S. West Texas Interme
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Oil inches down as investors focus on Hormuz flows after peace talks
June 23 : Oil prices inched down on Tuesday, extending losses from the previous session, as investors looked for clearer signs of progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures fell 20 cents, or 0.3 per cent, to $77.70 a barrel and U.S. West
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Oil gains after selloff, awaits progress on Strait of Hormuz flows
June 23 : Oil prices rebounded on Tuesday after a sharp fall the previous session supported by tempered optimism over U.S.-Iran peace talks, while investors awaited clearer signs of progress in restoring crude flows through the Strait of Hormuz.Brent crude futures gained 24 cents, or 0.38 per cent, to $78.15
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Iran and US make progress on Hormuz despite Trump’s explosive threats
JD Vance said 18 hours of talks in Switzerland had “laid a very good foundation” after both sides agreed a mechanism to keep the Strait of Hormuz open and maintain Lebanon’s ceasefire, even as Trump threatened to hit Iran “only harder”.
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Oil falls after US-Iran talks signal easing supply risks
BENGALURU/LONDON, June 22 : Global oil prices fell on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude was down 61 cents at $79.96 a barrel by 0815 GMT. Prices
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