Tag: US Iran war
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China’s Hormuz Diplomacy Signals Major Shift in Global Energy Power
China has positioned itself at the centre of efforts to resolve the Strait of Hormuz crisis, with Iranian Foreign Minister Abbas Araghchi meeting Chinese...
Brent Crude Retreats From $126 High, Stays Above $111
Brent crude oil prices eased on Friday, May 1, as the July futures contract traded around $111.63 a barrel, pulling back from a four-year...
Oil Hits Four-Year High as Iran Blockade Military Options Loom
Global oil prices surged to their highest level since Russia's 2022 invasion of Ukraine on Thursday, briefly topping $126 a barrel, after reports emerged...
Brent Tops US$118 as US-Iran Talks Collapse and Hormuz Stays Shut
Global oil prices surged to their highest levels since the US-Iran conflict began, with Brent crude topping $118 per barrel on Wednesday as diplomatic...
Trump Reviews Iranian Hormuz Proposal but Signals Nuclear Sticking Point
The White House confirmed on Monday that United States (US) President Donald Trump met with his national security team to review a new Iranian...
