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Strait of Hormuz, Crude oil

A tanker came under attack trying to leave the Persian Gulf and Treasury Secretary Scott Bessent threatened tougher restrictions on Iran's economy, pushing oil prices higher. Brent crude prices are up just under 1% at around $88 a barrel.

Opinion

· 5d

For the Oil Market, the Strait of Hormuz Isn’t Closed

Capital Market on MSN · 3d

Crude oil gains 4% this week as Strait of Hormuz risks intensify

· 9h

Oil prices rises on Iran war stalemate

Oil prices gave up early gains on Monday as stalled U.S.-Iran talks revived concerns over prolonged Middle East tensions, but the absence of major supply outages limited upside.

· 7h

Update: Equities Fall, Oil Rallies as US-Iran Ceasefire Expires

· 9h

Oil steady on Iran war stalemate

· 10h

Oil Prices Rise as US-Iran Ceasefire Expires Without Final Deal

Israeli strikes in southern Lebanon left at least 11 people dead on Saturday, Reuters reported, citing the Lebanese health ministry.

· 20h

Shares rise, dollar slips as markets pare Fed rate risks

· 23h

Oil Steadies With Lebanon Tensions and Hormuz Risks in Focus

12dOpinion

The Iran War Revealed China Has a New Oil Weapon

When the Strait of Hormuz was first closed, many predicted oil would reach $200 a barrel. Bloomberg Opinion’s Javier Blas discusses the reasons why it didn’t happen.

The Moscow Times on MSN

Russian oil refining falls to 24-year low after Ukrainian drone strikes – Bloomberg

Russian oil refining fell in July to its lowest level in more than two decades as Ukrainian drone attacks intensified against refineries, tankers and other energy infrastructure, Bloomberg reported Monday.

Kuwait's Action Energy Company's Bourisli to Bloomberg: National Oil Companies Have Demonstrated Strong Capability in Navigating Regional Challenges and The Company Supports ...

Kuwait's Action Energy Company's Bourisli to Bloomberg: National Oil Companies Have Demonstrated Strong Capability in Navigating Regional Challenges and The Company Supports Kuwait's 2035 Production Growth Targets

Covert Mideast Oil Flows Are Keeping Global Prices in Check

Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep a lid on prices and assuaging fears of an energy-driven inflation spike, even as the Iran war drags on.