Hormuz Shipping Slumps as Iran-US Tensions Escalate

Hormuz Shipping Slumps as Iran-US Tensions Escalate

Commercial shipping through the Strait of Hormuz dropped sharply this week as renewed military tensions between Iran and the United States continued to disrupt one of the world’s most important energy corridors, according to maritime tracking data. The latest data from maritime intelligence firm Kpler shows that only six commercial vessels transited the Strait of […]

Crude Oil Surges Toward Six-Week Peak Amid U.S.-Iran Tensions in Hormuz Strait

Oil prices surge nearly 7-10% weekly as U.S.-Iran conflict disrupts Strait of Hormuz shipping. Diesel hits record high, raising inflation concerns.

Oil Prices Near Six-Week Highs as U.S.-Iran Fighting Disrupts Strait of Hormuz Shipping

TLDR Brent crude on track for a 7% weekly gain; WTI headed for a 10% rise, near six-week highs U.S. and Iran exchanged military strikes this week, with attacks hitting Kuwait, Bahrain, and Jordan Strait of Hormuz vessel traffic fell to just 4 ships Thursday, far below the 10-day average of 15 U.S....

Hormuz shipping slumps as U.S.-Iran strikes rattle oil markets

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