Tag: strait
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Oil climbs as market monitors US-Iran talks
July 7 : Oil rose on Tuesday as traders’ nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures gained $1.02, or 1.42 per cent, to $73.01 a barrel, while U.S. West Texas…
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Oil tanker struck in Strait of Hormuz, UK says
The incident occurred east of Limah, Oman. A projectile struck a tanker and caused a fire while it was traveling southbound, with no casualties reported.
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Oil prices stable as US-Iran peace efforts hold
LONDON, July 3 : Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the United States and Iran would succeed.Brent futures were up 17 cents, or 0.24 per cent, to $71.97 a barrel at 0932 GMT.…
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Strait of Hormuz: BBC sees seized ships and stranded tankers on visit to Iran
The BBC visits Bandar Abbas to see how the US-Israeli war with Iran has affected everyday life in the port city.
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BBC reports from the Strait of Hormuz during fragile ceasefire
Dozens of boats are still anchored in the Strait, while ordinary Iranians try to continue to their lives.
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Oil falls after US, Iran talks conclude in Doha
BEIJING, July 2 : Oil prices dropped in early trade on Thursday after Qatar said Iran and the U.S. had made “positive progress” in indirect talks that concluded on Wednesday, focused on the Strait of Hormuz, which handled one-fifth of global oil supply before the war.Brent futures were down 73 cents, or 1.02
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US envoys in Doha to meet mediators but not Iranians, Qatar says
Qatar’s foreign ministry spokesman says no high-level meetings or direct talks between the US and Iran are scheduled.
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Middle East: Trump announces new Doha talks, Iran demurs
The US and Iran have agreed to refrain from hostilities after a recent flareup, according to Washington, with US President Trump anouncing new talks will be held in Doha. Iran has yet to confirm this. DW has more.
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Oil settles up on US-Iran strikes; cautious hopes for shipping cap gains
HOUSTON, June 29 : Oil prices settled up more than 1 per cent on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U.S. technical teams working
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US, Iran deliver conflicting reports on fresh peace talks
A US official said both the US and Iran have agreed to pause their attacks and allow vessels to move through the Strait of Hormuz. Technical talks between both sides are still to resume.
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