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strait of hormuz

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland
Jul 8, 2026

Oil prices jump 7% as US-Iran truce buckles under fresh hostilities

Oil prices surged over 7% after U.S. President Donald Trump threatened fresh strikes on Iran, raising concerns about tanker traffic through the Strait of Hormuz.

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar/File Photo
Jul 7, 2026

Oil jumps after settlement as US revokes general license for Iran oil sales

Oil prices surged after the U.S. revoked the general license for Iranian crude sales amid tanker attacks near the Strait of Hormuz, raising shipping disruption fears.

Storage tanks and oil refineries in Jurong Island, Singapore, March 24, 2026. REUTERS/Edgar Su/File Photo
Jun 29, 2026

Oil settles up on US-Iran strikes; cautious hopes for shipping cap gains

Oil prices rose over 1% following US-Iran strikes, with cautious optimism for energy shipping recovery through the Strait of Hormuz amid ongoing talks.

Storage tanks and oil refineries in Jurong Island, Singapore, March 24, 2026. REUTERS/Edgar Su/File Photo
Jun 26, 2026

Oil set for big weekly losses as tankers exit Strait of Hormuz

Oil prices dropped about 3% as more tankers exited the Strait of Hormuz, easing supply concerns despite recent vessel attacks near Oman.

Men work during the unloading of oil from trucks arriving from Iraq at the Baniyas oil terminal, in Baniyas, Syria, May 14, 2026. REUTERS/Mahmoud Hassano/File Photo
Jun 25, 2026

Oil falls to pre-war levels on rising Middle East supply

Oil prices fell to levels last seen before the Iran war as rising Middle East supply and resumed Strait of Hormuz flows ease market concerns.

Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. REUTERS/Pavel Mikheyev/File Photo
Jun 23, 2026

Oil prices steady as investors focus on Hormuz flows after peace talks

Oil prices remain steady as investors monitor crude flows through the Strait of Hormuz following progress in U.S.-Iran peace talks and easing sanctions.

Secret Service police members walk down the stairs at Buergenstock Resort Lake Lucerne on the day of talks between the U.S., Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, near Stansstad, Switzerland, June 21, 2026. REUTERS/Nathan Howard/Pool
Jun 22, 2026

Oil falls 4% after US-Iran talks signal easing supply risks

Oil prices fell 4% after US-iran talks signaled easing supply risks and the strait of Hormuz reopened, impacting global crude markets.

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. REUTERS/Stringer
Jun 16, 2026

Global shippers cautious on Hormuz transit despite US-Iran deal

Global shippers remain cautious about resuming transit through the Strait of Hormuz despite the US-Iran framework deal to reopen the waterway.

Oil/Chemical Tanker "Bald Man" at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. REUTERS/Amr Alfiky
Jun 10, 2026

Oil prices rise after Trump says Iran must pay price

Oil prices rose after U.S. President Donald Trump warned Iran must pay a price following U.S.-Iran military exchanges and a sharp drawdown in U.S. crude inventories.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Jun 8, 2026

Oil prices pares gains after Iran announces end to attacks on Israel

Oil prices eased after Iran announced an end to attacks on Israel, despite warnings of harsher strikes if Israel continues in Lebanon. Brent crude rose to $94.52.

A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
Jun 5, 2026

Oil prices fall on mounting hopes for de-escalation in US-Iran War

Oil prices fell as traders gained confidence that renewed conflict between the U.S. and Iran was less likely amid ongoing peace talks and regional tensions.

James Bodner, center, and others work on the floor at the New York Stock Exchange in New York, Wednesday, Oct. 1, 2025. (AP Photo/Seth Wenig)
May 28, 2026

Wall Street ends higher, Brent crude eases on reports of US-Iran truce extension

Wall Street stocks advanced after the US and Iran agreed to extend their ceasefire by 60 days, easing geopolitical tensions and impacting global markets.

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