Tag:

Oil Prices

Oil extends rally as US–Iran standoff chokes Hormuz

Oil prices rose for a fourth consecutive day as tensions between the United States and Iran escalated over control of the Strait of Hormuz following the collapse of efforts to restart peace talks.

23 Apr 2026-11:13
Oil prices ease on hopes of Iran-US ceasefire talks

Oil prices edged lower on signs that Iran may attend negotiations with the United States in Islamabad ahead of the expiry of a ceasefire between the two sides.

21 Apr 2026-10:56
Oil prices rebound amid renewed Hormuz tensions

20 Apr 2026-11:06
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
World stocks near records as oil holds below $100

17 Apr 2026-13:39
Oil fluctuates as US-Iran talks and Hormuz blockade weigh

Oil prices fluctuated as traders assessed developments surrounding efforts to organize a second round of peace talks between the United States and Iran, alongside an intensified blockade affecting crude flows through the Strait of Hormuz.

15 Apr 2026-10:34
Indonesia says fuel subsidies can withstand oil price surge for months

Indonesia can absorb the economic impact of rising global oil prices driven by tensions in the Middle East for up to 10 months without cutting fuel subsidies, a senior minister has said.

13 Apr 2026-21:46
Analyst warns oil may surge to $150 on Hormuz blockade

Oil prices could surge to around $150 per barrel if the US proceeds with a planned naval blockade of the Strait of Hormuz, according to a veteran oil market executive.

13 Apr 2026-10:56
Iranian speaker says Americans will be ‘nostalgic’ for cheap gasoline

Iran’s Parliament Speaker Mohammad Baqer Qalibaf has warned Americans to “enjoy” current fuel prices, saying they will soon be “nostalgic” for $4–$5 per gallon petrol if the United States proceeds with plans for a naval blockade of Iranian ports.

13 Apr 2026-09:53
Oil prices surge as US moves to blockade Strait of Hormuz

Oil and natural gas prices surged as the Strait of Hormuz after weekend talks between Washington and Tehran failed to reach a deal, escalating a global energy crisis that has shaken markets.

13 Apr 2026-09:35