Tag: strait
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Oil at one-week low as US and Iran pause attack; supply tension underpins
July 28 : Oil prices edged lower on Tuesday, hovering around one-week lows amid hopes for a resolution in the U.S.-Iran war, while subdued flow through the Strait of Hormuz and further supply disruption risks underpinned the market.Brent crude futures were down 50 cents, or 0.57 per cent, at $87.86 by 0610 GM
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Oil prices fall to one-week low after US pauses attacks on Iran
NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru
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Oil prices near one-week low after US, Iran pause fighting over weekend
LONDON , July 27 : Oil prices hovered around a one-week low on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures
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Oil prices hit one-week low after US, Iran pause fighting over weekend
LONDON , July 27 : Oil prices tumbled 7 per cent on Monday, hitting a one-week low, after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent cr
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Iran rules out US talks as Hormuz Strait remains closed
Iran has not asked to resume talks with the US, Foreign Ministry spokesperson Esmaeil Baghaei said. He added that the Strait of Hormuz remains closed and that messages are being relayed through mediators. DW has more.
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Oil prices drop after US, Iran pause fighting over weekend
LONDON , July 27 : Oil prices tumbled more than 5 per cent on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz. Brent crude futures fel
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US-Iran war: Will it ever end?
The ongoing tit-for-tat strikes between the United States and Iran have raised the prospects of another long-term US conflict in the Middle East. DW’s Ben Fajzullin analyzes three scenarios on the way forward in the war.
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Saudi Arabia and Houthis trade fire as US fires on tanker in Hormuz Strait
US military says it disabled a tanker that was attempting to evade the American blockade on Iranian ports.
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Iran war: Saudi-led coalition attacks Yemen’s Hodeida
The strikes come after the Iran-backed Houthis attacked several Saudi oil tankers in the Red Sea in recent days. The escalation comes as the US and Iran also vie for control of the vital Strait of Hormuz. DW has more.
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Yemen’s Houthis deny they closed Bab al-Mandeb Strait
The Iran-aligned Houthi militia group instead says it has only established a “naval blockade” of Saudi ships in the Red Sea. It comes as the US and Iran also vie for control of the vital Strait of Hormuz. DW has more.
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