Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
Category: Strait of Hormuz
-
Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
-
Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
Friday’s statements raised investors’ hopes that oil and gas would start moving out of the Persian Gulf in significant volumes again.
-
Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
-
European Airlines Face Fuel Shortages Within Weeks
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
-
US Blockade Stops Iran-Linked Ships From Crossing Strait of Hormuz
U.S. Central Command said that six vessels had complied with directions to turn around and re-enter an Iranian port.
-
What’s Driving the Wartime Stock Rebound
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.
-
Trump’s Latest Oil Blockade Brings Bigger Economic Risks
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
-
Shipping Companies Remain Reluctant to Sail Through Strait of Hormuz
The United States said it has started to block vessels doing business with Iran from the strait. Details on how that would work are unclear.