- Newspaper
- Country: United States
Oil Is Flowing From Hormuz Again—Just Not the Kind the World Needs Most
The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world.
The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world.
This marks a shift in the nation’s plans as the Iran war makes journeys via the strait perilous
West Texas Intermediate futures drop 1.8% to settle near US$89 a barrel; Brent closes around US$100
President Trump on Monday claimed that disruptions to oil refineries are driving up the soaring cost of gas, not Iran’s closure of the Strait of Hormuz following the start of the U.S.-Israeli conflict with its regime. “What’s driving up Gasoline is no longer the Strait of Hormuz, because Record…
US-Israel-Iran War latest: US approves new UAE and Kuwait defence deals as tanker turns back in Hormuz, Saudi-backed forces fight Houthis and Iran reports Starlink action. The post US-Israel-Iran War Latest Live News: US Approves $1 Billion UAE Arms Deal, $400 Million Kuwait Patriot Support; Tanker…
Americký prezident Donald Trump v pondělí připsal zdražování benzinu ukrajinským útokům na ruské ropné rafinerie. V příspěvku na sociální síti Truth Social zároveň napsal, že za růst cen už není odpověná mezi Američany nepopulární válka s Íránem, kterou USA a Izrael zahájily na konci února.
TEHRAN — The US president insists the Strait of Hormuz is open. Tanker captains, charter markets, insurers, and motorists in the US tell a different story.
Iraq is set to hire additional tankers, with at least two arriving over the next few days as the country looks for greater control over moving its oil through the heavily contested Strait of Hormuz.
Crude exports bypassing Hormuz surged in September, yet oil prices remain high. Could a secret fee be the reason?
Iran's military insisted it retained full control of Hormuz and the foreign minister said the strait could reopen within seven days if Tehran's conditions were met, after US Treasury Secretary Bessent said Iran had not loaded a single barrel of crude onto tankers in September.