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Oil prices surged again on September 28 as hopes for a quick resolution to the U.S.-Iran conflict weakened and uncertainty surrounding the Strait of Hormuz returned to the center of global energy markets. Brent...
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Global oil markets started September with another sharp reminder of just how quickly geopolitical tension can move energy prices. Brent crude climbed to $95.63 per barrel on September 2, its highest settlement since late...
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Oil prices jumped sharply on August 10 as uncertainty surrounding shipping through the Strait of Hormuz returned to the center of global market attention. Brent crude climbed about 5% to $87.72 per barrel, while...
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Global stock markets experienced a wave of optimism following the announcement of a diplomatic breakthrough aimed at stabilizing key maritime shipping routes. Investors around the world reacted positively to news that a framework agreement...