Tag: Oil Prices

Oil prices slipped on April 1, even as tensions in the Middle East remained high and the Strait of Hormuz stayed largely shut. Brent Crude dropped nearly 5% to $98.65 ...

With the Iran war raging, US President Donald Trump's advisers have reportedly privately urged him to consider an exit strategy amid rising oil prices and fears that a prolonged conflict ...

Iran claims to have closed the Strait of Hormuz, with senior officials warning that any ship attempting to pass the strategic waterway will be "set ablaze." This declaration came following a ...