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Hormuz Tensions

How easing tensions in the Strait of Hormuz will affect oil prices

The global energy market experienced a sharp shift as oil prices fell significantly following signals from Iran that commercial shipping would resume through the strategically critical Strait of Hormuz.

18 Apr 2026-04:38
Libya’s oil tensions spark European fears, reflecting Hormuz crisis

The Strait of Hormuz, just 39 km (24 miles) wide at its narrowest point, sees around 20 million barrels of oil passing through daily—about 25 percent of the world’s maritime oil trade.

06 Apr 2026-22:10
Strait of Hormuz Conflict: Tensions on the rise

United Nations Secretary-General António Guterres has established a task force to ensure the safe passage of ships through the Strait of Hormuz, according to his spokesperson, Stéphane Dujarric.

30 Mar 2026-11:00
Israel strikes Iran and Beirut as Hormuz tensions rise

Israel has launched new strikes on Iran and Lebanon as the conflict in the region intensifies, with growing fears of wider escalation.

21 Mar 2026-10:52
Market turmoil drives the dollar higher as investors seek safety

On Friday, the dollar climbed to a three-month peak and was on track for its second consecutive weekly gain since the onset of the war in Iran, as market instability made it the last remaining safe-haven asset.

14 Mar 2026-12:54
Armed boats harass ship in Strait of Hormuz amid rising Iran tensions

03 Feb 2026-19:12
Iran threatens to close the Strait of Hormuz — What could happen next?

By Tural Heybatov

17 Jun 2025-10:00

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