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Keywords: Strait of Hormuz
Global sovereign wealth funds from the Gulf continued heavy investment activity despite the escalation of war involving Iran. A new sector report covering the March to May period shows that public investors across Gulf Cooperation Council states executed around 25 billion dollars in global transactions.......
Global oil markets may be underestimating the potential risks stemming from ongoing geopolitical tensions in the Middle East, according to a senior executive at commodity trading giant Vitol. Tom Baker, managing director for Bahrain at Vitol, warned that current oil prices may not fully reflect supply......
Oil market analysts and consultants meeting at OPEC headquarters in Vienna warned that supply disruptions caused by the closure of the Strait of Hormuz are likely to persist until the end of 2026, even if maritime traffic resumes in the near term. The assessment reflects the scale of the ongoing energy......
Japanese Prime Minister Sanae Takaichi on Monday urged Iranian President Masoud Pezeshkian to restore unrestricted maritime traffic through the Strait of Hormuz and show flexibility in ongoing negotiations with the United States. The conversation, the third between the two leaders, took place as diplomatic......
Oil prices surged at the start of the week after hopes for a swift ceasefire agreement between the United States and Iran collapsed, with last-minute demands from President Trump pushing negotiations into a new phase of uncertainty. The reversal caught energy markets off guard, as traders had spent weeks......
Iranian authorities have reported that 28 vessels successfully transited the strategic Strait of Hormuz over the past 24 hours, according to statements attributed to the Islamic Revolutionary Guard Corps (IRGC) Navy and cited by state media. The Strait of Hormuz, a critical global energy shipping route,......
A quiet trickle of oil tankers has begun escaping the Persian Gulf through the Strait of Hormuz, with roughly one quarter of the large non-Iranian vessels stranded since the outbreak of war now having navigated past the strategic chokepoint. The gradual movement comes as Chevron's chief executive......
Ryanair has confirmed it will maintain its full summer flight program in Morocco, shielding itself from the fuel price surge triggered by the ongoing conflict involving the United States, Israel, and Iran, which has severely disrupted jet fuel supplies through the Strait of Hormuz. While the broader......
The European Commission has issued a warning that aviation fuel supplies across the European Union could tighten in the coming weeks if instability around the Strait of Hormuz continues, highlighting the deepening impact of Middle East tensions on global energy markets and air transport. Following meetings......