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The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
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Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
Iran’s parliament voted to respond to the US strikes by cutting off vital shipping lanes in the Strait of Hormuz, where ...
Blocking the waterway in response to US attacks would harm Gulf neighbours, China and Tehran itself, analysts say ...
US stocks wavered on Monday following reports that Iran launched missiles at US air bases in Qatar and Iraq in retaliation ...
Some oil tankers reversed course away from the Strait of Hormuz amid growing uncertainty over whether Iran will take reprisal ...
The United States bombed Iran’s three main nuclear sites in a major escalation of this month’s conflict in the Middle East.
President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices ...
FPIs were net sellers to the tune of ₹1,874 crore, while domestic institutions provided buying support worth ₹5,592 crore ...
By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent crude, the international standard, edged up by 0.2% to $77.17 per barrel.
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
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