Keywords: Oil markets
Iran’s Islamic Revolutionary Guard Corps (IRGC) said its naval forces had targeted 20 vessels in and around the Strait of Hormuz, including two US ships, eight oil tankers and 10 other vessels accused of attempting to enter what Tehran described as a restricted and unsafe zone. In a statement,......
Ukrainian attacks targeting Russian energy infrastructure are adding pressure to global energy markets, according to comments by U.S. Treasury Secretary Scott Bessent. The attacks have increasingly focused on facilities linked to Russia’s oil and energy sector, raising concerns about potential......
Most Gulf stock markets ended lower on Sunday as investors reacted cautiously to signals from the U.S. Federal Reserve that could point to tighter monetary policy and a possible interest-rate increase in September. Market sentiment weakened after Federal Reserve policymaker Kevin Warsh said at the central......
Commercial shipping through the Strait of Hormuz has slowed sharply amid growing security concerns following attacks targeting oil tankers and renewed uncertainty over diplomatic efforts between the United States and Iran. According to vessel-tracking data, maritime operators have significantly reduced......
Pakistan said Tuesday that the United States and Iran could be approaching an agreement, offering a cautious sign of diplomatic movement despite continued attacks and disruption affecting commercial shipping in the region. Qatar, which has been involved in mediation efforts, separately said negotiations......
US President Donald Trump has said that Washington is dealing with Iran in a measured manner, while describing the country’s economic situation as extremely difficult amid the ongoing tensions between the two countries. According to reports cited by Axios, Trump said during a brief phone call......
US President Donald Trump has reportedly suspended plans to expand military operations against Iran, according to reports in international media, amid concerns over the potential consequences of a broader conflict and pressure on US air-defense resources in the Middle East. The reported decision comes......
Russia's Foreign Ministry has warned that any further deterioration in the security situation in the Gulf could have serious consequences for global energy security, as tensions continue to rise across the Middle East. Foreign Ministry spokeswoman Maria Zakharova expressed concern over the escalation......
The International Energy Agency (IEA) has warned that the global oil market is facing growing supply risks as escalating tensions in the Middle East put pressure on commercial inventories and threaten key energy routes. IEA Executive Director Fatih Birol said the agency was closely monitoring developments......
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