Tag: strait
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Oil rises on uncertainty over reopening of Hormuz
PERTH, Aug 10 : Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the U.S. must still meet other conditions. Brent crude futures rose 91 cents or 1.09 per…
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Oil rises as uncertainty continues over reopening of Strait
PERTH, Aug 10 : Oil prices rose on Monday as uncertainty continued over the reopening of the Strait of Hormuz as Iran said a deal with Oman defining new shipping lanes was in its final stages, but the U.S. must still meet other conditions. Brent crude futures rose $1.20, or 1.44 per cent, to $84.79…
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Iran war: Houthis claim attack on Saudi oil facility
The Iran-backed Yemeni rebels said their strike was in response to Saudi drones breaching Yemeni airspace. Follow DW for more.
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Hormuz talks positive, Oman says, as Iran warns deal would not open strait
Both sides suggest progress in talks to agree a new shipping route through the strait, but a breakthrough remains unclear.
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IRGC says Hormuz to open if US accepts Iran’s terms
Iran’s Revolutionary Guard said the reopening of the vital Strait of Hormuz did not depend on the outcome of ongoing talks with Oman. DW has more.
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How viable is the potential Iran-Oman Hormuz shipping deal?
Iran says a shipping accord with Oman is in its final stages, but analysts warn sanctions, security concerns and rival US-Iran goals could limit its impact.
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
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Oil rises on concerns over Strait of Hormuz reopening plans
PERTH, Aug 7 : Oil continued its rise on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those who violated the proposed rules. Brent crude futures rose 99 cents, or 1.2 per cent, t
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Why Iran is sending mixed signals on talks
Trump says talks with Iran are underway. Tehran says it is discussing the Strait of Hormuz with Oman, not Washington. Analysts say the gap reflects competing political pressures.
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What if Iran and Oman split control of the Strait of Hormuz?
Iran claims to be in the final stages of a deal with Oman on the Strait of Hormuz. The agreement could include payments for access to the strategic waterway. DW speaks with security analyst Elisabeth Braw.
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