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…
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen. Oil prices initially dipped below $80 per barrel…
A motorist gets gas at a Shell station in Miami on April 13, 2026. Joe Raedle | Getty Images Investors cheered the prospect of a U.S.-Iran peace deal on Monday, but oil price volatility is likely to continue in the near term, as analysts warned that energy markets now face a “geopolitical risk premium” after…
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil prices tumbled after President Donald Trump said the U.S. has completed a deal with Iran to reopen the Strait of Hormuz. U.S. crude oil futures for July…
A truck drives past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty Images The United Arab Emirates’ decision to leave OPEC and OPEC+ was based on the country’s economic vision and not on politics, the country’s energy…
Global oil inventories are falling at a record pace to compensate for the big supply disruption in the Middle East and they will approach critical levels if the Strait of Hormuz does not reopen. Higher prices for oil and fuel are likely ahead of peak demand this summer as a consequence, the International Energy Agency…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China’s growing influence in the Indo-Pacific. But the current U.S…
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil rose Thursday as the International Energy Agency flagged greater impending volatility, while OPEC lowered its demand outlook for the year. International benchmark Brent crude futures for July were 0.34% higher…
A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May 07, 2026 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Asia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned…
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran. (Photo by Amirhossein KHORGOOEI / ISNA / AFP via Getty Images) / Amirhossein Khorgooei | Afp | Getty Images U.S. President…
