U.S. oil climbs above $100 as U.S.-Iran ceasefire fails to boost tanker traffic via Strait of Hormuz
U.S. President Donald Trump on Thursday warned Iran to "stop now" if it was charging tankers to transit the Strait of Hormuz.
U.S. oil climbs above $100 as U.S.-Iran ceasefire fails to boost tanker traffic via Strait of Hormuz
U.S. President Donald Trump on Thursday warned Iran to "stop now" if it was charging tankers to transit the Strait of Hormuz. Grouped from 17 articles across 9 sources.
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Iran: Strait of Hormuz open with restrictions
Iran’s Deputy Foreign Minister says the Strait of Hormuz is open but ships must coordinate with Iranian forces.
The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
Sultan Ahmed Al Jaber demanded a full reopening of the strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.
Strait of Hormuz shipping traffic is effectively at a standstill despite Iran ceasefire
Traffic through the Strait of Hormuz was at a virtual standstill Thursday, with only a handful of ships passing through the vital waterway since the announcement of the U.S.-Iran ceasefire
Shipping in Strait of Hormuz at a standstill despite US-Iran ceasefire
Washington and Tehran accuse each other of not honouring truce agreement.
Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise
Uncertainty over US-Iran ceasefire pushes price of Brent crude towards $100 a barrel Business live – latest updates Middle East crisis – live updates The boss of Abu Dhabi’s state-owned oil company has said the strait of Hormuz is “not open” despite the US-Iran ceasefire agreed earlier this week, as uncertainty over the truce pushed the price of Brent crude towards $100 a barrel on Thursday. Sultan Al Jaber, the chief executive officer of the Abu Dhabi National Oil Company (Adnoc), said passage through the crucial waterway was subject to “permission, conditions and political leverage” by Iran. He said energy security and global economic stability depended on the strait being opened “fully, unconditionally and without restriction”. Continue reading...
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.
North Sea oil prices hit record high as Iran keeps hold over Hormuz
Washington-Tehran ceasefire agreement fails to stem global energy crunch
What to know about the Strait of Hormuz under US-Iran ceasefire
The fragility of the truce was the main reason ships were holding back on travel through the waterway.
Ships remain cautious approaching Strait of Hormuz amid fragile ceasefire
Only a few vessels have crossed the strait since the US-Iran ceasefire deal, according to BBC Verify analysis.
Trump wants Strait of Hormuz open 'without limitation, including tolls' during Iran ceasefire: White House
Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the Strait of Hormuz.
European leaders call for ceasefire to include Lebanon and to reopen Strait of Hormuz
War has put Europe in an uneasy position trying to maintain its support for the U.S. as a key NATO ally
Iran announces alternative routes in Strait of Hormuz
Tehran has agreed to temporarily reopen the Strait of Hormuz as part of a two-week truce.
UAE minister calls for Strait of Hormuz to be opened fully and unconditionally
Tehran says transits must be under its supervision.
Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
Oil heads for biggest daily fall since pandemic as Iran says it will reopen strait of Hormuz under its management Middle East crisis – live updates US and Iran agree to provisional ceasefire as Tehran says it will reopen strait of Hormuz Oil prices tumbled on Wednesday and global stock markets rallied after the US and Iran agreed a two-week conditional ceasefire . Investors welcomed the news that Donald Trump had held off on his threat to bomb Iran into “the stone ages”, while Iran’s foreign minister, Abbas Araghchi, said passage through the strait of Hormuz would be allowed for the next two weeks under the management of Iran’s military. Wall Street recorded its biggest single-day rally in a year. Continue reading...
‘Weeks, if not months’: Strait of Hormuz tanker traffic won't normalize anytime soon
Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn shipping experts.
Starmer says UK wants to help with opening of Hormuz strait on Gulf visit
PM meets Mohammed bin Salman in Saudi Arabia before further visits to regional allies, who may see him as more reliable than Trump Middle East crisis – live updates The UK has a “job” to help reopen the strait of Hormuz, Keir Starmer has said, as Iranian reports said the key shipping route was closed again just hours after a supposed ceasefire. The prime minister met British and local military personnel at an airbase in Taif, Saudi Arabia, at the start of what is expected to be a wider trip to Gulf allies, one billed as a mirror to his efforts to pull together a plan for how a ceasefire might operate in Ukraine. Continue reading...
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