Shipping & LogisticsIndustry news
Oil Surges as Iran Tanker Attacks Escalate
Crude posted its biggest gain in a month amid Middle East tensions and hurricane-related production cuts.
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EnergyIndustry news
Oil Falls as Supply Fears Ease
Oil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.
Oil & Fuel OilIndustry news
Oil Prices Fall as Iran Negotiation Hopes Return
U.S. sanctions pressure on Iran intensifies, but Pakistani mediation hopes push Brent back to $89. US Blockade Leaves Iran’s Oil Trade on Borrowed Time - The announcement of the Trump administration’s ‘Economic D-Day’ sanctions on Iran coincides with an overall slump in Tehran’s crude exports, choked off by the US Navy’s maritime blockade in the Gulf of Oman. - Iran’s August crude exports have so far been minimal compared to the 2025 average of 1.7 million b/d, averaging only slightly around 0.3 million…
Oil & Fuel OilIndustry news
Oil Drops as Iran Diplomacy Gains
Oil extended losses as traders saw fewer signs of military escalation and US sanctions on Iran proved less severe than feared.
Oil & Fuel OilIndustry news
Oil Retreats While Iran Pressure Builds
Crude prices declined as traders weighed new US sanctions pressure on Tehran.