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Oil Prices Slip After G7 Releases Reserve Stocks
Brent and WTI fell after the G7 decided to release diesel and crude reserves to ease supply concerns.
Oil Surges on Reports of New US Military Deployment
Brent crude topped $102 after a Wall Street Journal report on additional US military deployments, while WTI also finished the day sharply higher.
Iran’s Strait of Hormuz Terms Keep Oil Market on Edge
Tehran is leaving the door open to indirect talks with the U.S. while sticking to its شروط for reopening the Strait of Hormuz.
Oil rises in Asian trade on renewed Hormuz Strait tensions
Oil contracts climbed in early Asian trading after Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz.
Oil Prices Rise Over 1% on Escalating US-Iran Tensions
Supply concerns around the Strait of Hormuz increased after a US strike on Larak Island, lifting Brent and WTI.