North Sea oil prices hit record high as Iran keeps hold over Hormuz
Washington-Tehran ceasefire agreement fails to stem global energy crunch
North Sea oil prices hit record high as Iran keeps hold over Hormuz
Washington-Tehran ceasefire agreement fails to stem global energy crunch Grouped from 3 articles across 3 sources.
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Clustered coverageABC Australia, Euronews, Financial Times
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Why oil and gas prices could stay high in Europe even if the Iran war ends
Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it.
Oil prices slide on US-Iran ceasefire, but fuel prices will stay high for weeks
Iran's promise to reopen the Strait of Hormuz after striking a temporary agreement with the US saw the cost of oil fall sharply. But how quickly are we likely to see relief at the bowser in Australia? Analysts say it could be weeks or months.
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Iran live updates: Trump says Iran 'better not' collect Strait of Hormuz toll
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes. Grouped from 12 articles across 6 sources.
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Shippers seek clarity on Hormuz passage as Iran issues fresh warnings
Iran says the waterway remains closed to vessels sailing without a permit, despite a ceasefire with the US.
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Strait of Hormuz still seeing significantly lower traffic despite ceasefire
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe. Grouped from 12 articles across 9 sources.
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Gas prices should soon start slowly easing if ceasefire holds, analysts say
With oil prices plunging after the U.S. and Iran agreed to a two-week ceasefire, gas prices at the pump might soon follow, at least for now.
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China tankers join line to test Hormuz exit and US-Iran truce
A successful crossing is not yet guaranteed, as several vessels have turned back at the last moment.
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Iran attacks on crucial Saudi pipeline and production facilities slash kingdom's oil output
The damage to Saudi infrastructure will only compound the disruption to global oil supplies trigged by Iran's attacks on tankers in the Strait of Hormuz.
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