Tag: oil
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The US and Iran have agreed a deal. How soon could things go back to normal?
Experts warn the impact of the war will continue to affect the global economy for months to come.
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Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz
LONDON, June 15 : Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures fell $4.33, or nearly 5 per cent, to $83.00 a…
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Iran updates: World leaders express optimism for peace deal
World leaders have welcomed news of a peace deal that would reopen the Strait of Hormuz to international shipping. Meanwhile, oil prices have fallen and stocks have rallied. DW has more.
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Ibex 35 tops 19,000 points after Iran peace deal
US-Iran accord to reopen the Strait of Hormuz sends oil prices tumbling, lifts the Ibex 35 to a record above 19,000 and boosts European stocks.
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Oil prices slide after US and Iran sign peace deal
Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said.
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Trump’s Iran announcement may ease pressure but uncertainty lingers
The announcement of an Iran deal was a welcome birthday gift for the president – but its success or failure may hinge on the details.
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Shares jump, oil skids in Asia on news of Gulf deal
SYDNEY: Share markets surged in Asia on Monday (Jun 15) while the dollar slipped and oil prices slid as news the United States had agreed to a peace deal with Iran boosted risk sentiment and promised to ease infl
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UK intercepts Russian shadow fleet oil tanker in English Channel
Royal Marine Commandos boarded the vessel in an operation lasting six hours in the early hours of Sunday.
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Will Venezuela’s oil sector reform attract investors?
After the US ousted Maduro and effectively seized control of Venezuela’s oil industry, the country’s economy has been transitioning rapidly. The interim government is wooing investors but lacks democratic backing.
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Lost Gulf oil exports far smaller than thought, traders and shippers say
LONDON, June 12 : Since the start of the Iran war and Tehran’s announcement that the Strait of Hormuz was “closed”, the market has grappled to put a figure on lost crude supply and to predict the price of oil.Initial calculations were simple: add up all non-Iranian Gulf crude oil exports, some 12 million to…
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