Global crude oil prices have crashed to a four month low and are now hovering around the pre-war levels. From around $120 per barrel to near $70 per barrel - the crash has been driven by the US-Iran ...

Oil prices wavered in thin trading after their biggest quarterly slump since 2020, as flows from the Persian Gulf recovered toward pre-war levels and the US and Iran continued talks on a permanent ...

MOBILE, Ala. (WALA) - It’s easy to understand why the cost of gas surged after the United States and Israel attacked Iran. The disruption of flow through the Strait of Hormuz – where a fifth of global ...

Follow us on Facebook and join our Telegram channel for the latest updates. (July 2): Oil deepened its slide below pre-war levels as Saudi Arabia ramped up crude exports towards normal rates, ...

Oil prices have finally fallen back to pre-Iran war levels — but the crude market is far from seeing a normalization of shipping, oil supplies and demand that such a big retreat implies. A faster-than ...

Crude shipments recover strongly as Fujairah pipeline, logistics network support exports Dubai: The UAE is restoring crude oil exports to near-record levels following disruption caused by the recent ...

Oil prices fell for a fourth straight day on Thursday after news that the US and Iran have made progress in diplomatic talks over the end of the war and reopening of the Strait of Hormuz. Futures on ...

Maritime transit through the Strait of Hormuz has improved since the start of the Iran war - but it's still far from normal A faster-than-expected reopening of the Strait of Hormuz has been part of ...

(Bloomberg) — Saudi Arabia’s crude oil exports have surged close to their pre-war levels as the kingdom starts getting its tankers through the Strait of Hormuz again, one of the most emphatic ...

Buy tanker freight exposure (e.g., Baltic Dirty Tanker Index-linked instruments) because the article shows traders are watching tanker traffic and insurance, not just Brent. Transits are up but still ...

Brent crude oil has erased its war premium, falling near $72. The weekly chart shows price back inside its multi-year channel. Daily RSI dropped below 30 for the first time since April 2025. Brent ...