The Pentagon assessment, shared in a classified briefing for lawmakers, suggests gasoline and oil prices could remain elevated through the midterm elections… https://www.washingtonpost.com/national-security/2026/04/22/iran-hormuz-mines/
Clearing Strait of Hormuz of mines could take 6 months, Pentagon tells Congress Read More »
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE / AFP via Getty Images) Yamil Lage | Afp | Getty Images Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory
Oil edge lower as fragile Iran ceasefire extension clouds outlook Read More »
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Crude Oil Prices Rise As Hormuz Disruption Persists Despite Iran Ceasefire Extension Read More »
Synopsis Gold prices went down a lot after the US extended the Iran ceasefire, which reduced market fear. A strong dollar and high interest rates also made gold less attractive for investors. Oil prices and inflation are still high, adding pressure. Markets remain uncertain, and gold may stay weak for now, even though it is
The Pentagon released footage of US forces intercepting a sanctioned oil tanker. The market for US escorting commercial ships through the Strait of Hormuz by April 30 now sits at 9% YES, down from 24% a week ago. Market reaction The interception points to continued military activity in the region, which could slightly raise the
US forces intercept sanctioned oil tanker in Strait of Hormuz Read More »
Oil prices rose sharply on Sunday as shipping through the Strait of Hormuz remained restricted as the US-Iran ceasefire approaches its expiration. Brent crude, the international benchmark, climbed about 7 per cent to $96.88, while US crude rose 7 percent to $90.33. The increase came after prices had fallen earlier in the week on hopes
Oil prices climb as Iran restricts Strait of Hormuz traffic ahead of ceasefire deadline Read More »
A picture taken on March 12, 2017, shows a view of an oil facility in the Khark Island, on the shore of the Gulf. Atta Kenare | Afp | Getty Images Crude oil prices rose Monday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in
Oil drilling rigs Oil prices declined on Friday, posting weekly losses amid rising hopes for an end to the war in the Middle East, after Iran reopened the Strait of Hormuz during the ceasefire. Brent crude futures for June delivery fell 9.10%, or $9.01, to $90.38 per barrel, recording a weekly loss of 5%. US
Oil falls, posts weekly losses Read More »
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