Browsing: Strait
The U.S. is maxing out its strategic oil reserves as Trump vows to control the Strait of Hormuz
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Strategic Petroleum Reserve stockpiles are precariously low and have been hit by major equipment failures, leaks and spills, according to…
The UN’s International Maritime Organization (IMO) paused the planned evacuation of more than 11,000 sailors stranded in the Strait of…
U.S. oil prices fall back to preconflict levels as physical flow through the Strait of Hormuz improves
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U.S. and global benchmark oil prices have dropped back to levels they haven’t seen since before the U.S.-Israeli war with…
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the…
Iran fired on three ships in the Strait of Hormuz and escorted two of them to Iranian waters, the Wall…
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund…
South Korea’s presidential office said in a statement on Sunday, “we will communicate closely with the US regarding this matter…
Saudi Aramco promises full production can be restored within days if Strait of Hormuz is reopened
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Aramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were…
Charter rates nearly doubled in recent days and are up fivefold since the start of the year.