Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
Category: Persian Gulf
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Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk
Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.
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New Strikes on Ships in Strait of Hormuz Test U.S.-Iran Cease-Fire
A U.S. official said Iranian missiles struck two commercial ships. There was no immediate comment from Iranian officials on the reported attacks.
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Ships Pull Back Amid Heightened Risk From Iran-U.S. Strikes
Four days of attacks by both countries forced a sharp decline in the number of vessels navigating through the Strait of Hormuz.
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How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock
For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
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Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship
The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
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U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf
U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
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Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound
More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.
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Even After a Strait of Hormuz Deal, Moving 1,500 Ships Won’t Be Easy
An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.
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The War-Driven Supply Shock Already Roiling Manufacturing in Asia
A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is disrupting manufacturing and retail goods in Japan and South Korea.
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The Risks of Iran’s Threat to Control the Strait of Hormuz
Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry.
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Is the Bond Market Signaling Danger? Or Opportunity?
Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.