Brent crude swings reflect Hormuz shock repricing
Iran said the strait was "completely open," but Brent fell 10% and rebounded after an attack on an Indian tanker.
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Energy
Hormuz relief keeps oil traders on edge
Iran said the Strait of Hormuz was open, then attacked an Indian tanker, keeping Brent crude and shipping routes under pressure.
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Iran war pushes global factory costs higher
Reuters said 26 firms have cut or withdrawn guidance since the war began as shipping disruptions, fuel costs and supply bottlenecks drive prices higher.
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Oil markets: Brent drops after Iran's Hormuz warning
Iran's foreign minister called the Strait of Hormuz "completely open," but Brent crude still fell 10% before rebounding 5% after an attack on an Indian tanker.
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Energy markets after Trump ceasefire: Brent crude falls 12%
Trump’s ceasefire announcement sent Brent crude down 12%, but traders still see lasting damage to energy markets from the war.
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Trump ceasefire sends Brent crude down 12% after Hormuz reopening
Trump’s two-week Gulf ceasefire and reopening of the Strait of Hormuz sent Brent crude down 12% to $91 a barrel after nearly 6 weeks of disruption.
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Hormuz tanker traffic remains near standstill after ceasefire announcement
Tanker traffic in the Strait of Hormuz remains near a standstill, keeping U.S. oil below $100 a barrel despite Trump’s ceasefire announcement.
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Strait of Hormuz tanker traffic stays near standstill after ceasefire
Tanker traffic through the Strait of Hormuz stayed near a standstill after the U.S.-Iran ceasefire, even as U.S. oil slipped below $100 a barrel.
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Oil markets price Strait of Hormuz closure at Brent above $99
Abu Dhabi’s oil chief said the Strait of Hormuz is still not open, and Brent crude climbed back above $99 a barrel as traders priced in shipping risk.
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China’s copper imports slump to weakest level since 2011
WTI rose 0.6% to $98.43 as traders watched the Strait of Hormuz and Iran war risks.
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Gas prices near $4 as Iran-Hormuz shutdown snarls oil shipping
Average gas prices hit $3.98 a gallon as the Iran conflict disrupts crude and LNG flows through the Strait of Hormuz.
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Iran war triggers supply-chain crisis after Strait of Hormuz shipping freeze
Wood Mackenzie estimates about 9M barrels a day of Gulf output now sits shut in, while Fed Chair Jerome Powell warned of “an energy shock of some size and duration”.
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