Tag: strait
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Oil up around 2% as renewed US-Iran strikes stoke supply fears
LONDON, Sept 1 : Oil prices rose by around 2 per cent on Tuesday as the resumption of fighting between the United States and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up $1.72, or 1.9 per cent, to $92.21 a barrel at
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Iran says it will return to ceasefire if US does
Speaking on the sidelines of the SCO summit in Kyrgyzstan, Iran’s president Pezeshkian called on the US to return to the terms of an interim ceasefire deal.
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Oil rises over 2% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 2 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.35, or 2.67 per cent, to $90.45 a barrel at 1306…
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Oil rises over 3% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 3 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.87, or 3.26 per cent, to $90.97 a barrel at 1120…
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Oil rises over 3% as US, Iran resumes military attacks
LONDON, Aug 31 : Oil prices rose more than 3.5 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $3.15, or 3.58 per cent, to $91.25 a barrel at 0903…
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Oil rises as US, Iran resume military attacks
LONDON, Aug 31 : Oil prices were trading nearly 2 per cent higher on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as their conflict extended into its sixth month.Brent crude futures climbed $1.77, or 2 per cent, to $89.87 a barrel by 0733 GMT…
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US strikes launchers on Iran’s Larak Island in first known attack in weeks
Iran says the attack killed some civilians and is the first known US strike on Iran since late July.
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Oil gains as traders weigh prospects of Hormuz reopening
Aug 27 : Oil prices rose on Thursday after falling earlier in the session as investors weighed prospects for progress in reopening the Strait of Hormuz and broader Middle East supply risks.Brent crude futures were up 51 cents, or 0.58 per cent, to $88.35 a barrel at 1005 GMT. West Texas Intermediate crude fu
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Oil extends losses on hopes Middle East talks could ease supply woes
Aug 27 : Oil prices fell more than $1 on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down $1.36, or 1.55 per cent, to $86.48 a barrel at 0800…
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Oil prices extend losses on expectations talks to ease Middle East supply woes
Aug 27 : Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by…
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