At least 20 oil tankers stranded in the Persian Gulf with 35 million barrels have exited the Strait of Hormuz since the U.S. and Iran agreed to open the sea lane, according to data provided by Kpler, a firm that tracks global trade flows. The tankers, which were not Iranian in origin, had been stuck…
Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on June 17. Anadolu | Anadolu | Getty Images Oil extended losses during Asian trading hours on Wednesday as concerns over potential supply…
President Donald Trump speaks on the day he signs an executive order regarding quantum computing, in the Oval Office at the White House in Washington, June 22, 2026. Jonathan Ernst | Reuters President Donald Trump on Monday hedged when asked if he could guarantee that Iran would not use profits from oil sales to rebuild…
Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on June 17, 2026. Shady Alassar | Anadolu | Getty Images Oil rose slightly early Tuesday, fluctuating as investors show cautious optimism about…
The U.S. on Monday authorized Iranian oil sales through August after “productive talks” between Tehran and Washington in Switzerland over the weekend, Treasury Secretary Scott Bessent said. “As part of the framework, Treasury has issued a temporary 60-day general license authorizing the production, delivery, and sale of Iranian oil,” Bessent said in a post on…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open. Tensions between the two countries escalated…
U.S. President Donald Trump talks as he meets French President Emmanuel Macron for a bilateral meeting at Hotel Royal Evian on June 15 in Évian-les-Bains, France. Anna Moneymaker | Getty Images U.S. President Donald Trump asserted that he has unlimited power and insisted the deal reached with Iran amounts to “unconditional surrender” by Tehran, in…
At least 20 oil tankers have crossed the Strait of Hormuz since the U.S. and Iran began to reopen the sea lane to commercial ship traffic, according to the trade intelligence firm Kpler. Tanker transits on Thursday hit the highest level since June 2, the firm said. However, traffic is still below prewar levels when…
Oil was in choppy trade on Friday, as markets assess the implications of the interim U.S.-Iran deal and signs that shipping activity through the Strait of Hormuz is recovering. International benchmark Brent crude futures for August fell 0.45% to $79.49 a barrel. U.S. West Texas Intermediate futures for July declined 0.31% to $76.36 per barrel. Stock Chart IconStock chart icon Vice…
An employee at the Celsior Wadamachi supermarket in Yokohama, Japan, on Thursday, Jan. 15, 2026. Soaring food costs are a key component driving broader inflation higher, with data Friday expected to show consumer price growth has stayed above the central bank’s 2% target for four straight calendar years. Bloomberg | Bloomberg | Getty Images Japan’s core inflation…
