Oil hits $108 after Gulf states postpone talks with Iran over Hormuz
Delay to crunch meeting sets back efforts to restore shipping through vital waterway
Oil hits $108 after Gulf states postpone talks with Iran over Hormuz
Delay to crunch meeting sets back efforts to restore shipping through vital waterway Grouped from 4 articles across 4 sources.
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Iran war live: Oman says Hormuz talks with Iran, Gulf states postponed
Oman says Hormuz talks with Iran and Gulf states are postponed 'in the interests of consensus'.
Trump says U.S. may keep Iranian oil 'like Venezuela' as Gulf-Iran Hormuz talks stall
Trump said revenue from the Venezuela arrangement has "paid for the war many times."
Iran is set to unveil Hormuz pact to Gulf nations on Sept 14
Tehran has indicated any deal won’t amount to a full reopening and it’ll still decide on which ships can cross the strait.
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Trump sees Iran war ending soon after mid-term elections, predicts oil prices will then fall sharply
Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel.
CNBC
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Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock
The U.S.-Iran war has caused oil prices to surge and added to freight stress from tariffs, but no shipping trade has boomed quite like crude oil tanker futures.
CNBC
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‘These waters aren’t safe’: Gulf tankers are running out of ways to export oil
Iran-backed Houthi militants expanded their control of the Red Sea, threatening a critical route for Persian Gulf crude.
The Straits Times
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Vessel struck in Strait of Hormuz, UKMTO says, as prospects for U.S.-Iran diplomacy appear elusive
The latest strike happened ahead of an expected meeting between Iranian and Gulf officials in Oman to sign an agreement for shipping through the strait.
CNBC
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Iran war live: Commercial ship attacked in Hormuz, killing 1, wounding 4
Latest strike on cargo vessel comes as Iran leaders plan to meet Gulf officials to discuss control over key waterway.
Al Jazeera
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New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies
Ongoing attacks in the widening Middle East war could send energy prices even higher.
The Straits Times