Tag: oil supply disruption
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Oil prices ease slightly but remain high due to Strait of Hormuz tensions
New York, United States – Web Desk: Global oil prices edged lower on Wednesday after recent gains, but remained firmly above the $100 per...
US Transfers Seized Iranian Ship, Crew to Pakistan
Islamabad, Pakistan – Web Desk:The United States has handed over a seized Iranian vessel and its crew to Pakistan, according to US media reports,...
US Imposes Sanctions on Chinese Refinery, 40 Firms, Oil Tankers
Washington, United States – Web Desk: The United States has imposed fresh sanctions targeting a Chinese oil refinery, nearly 40 shipping companies, and multiple...
Oil Prices Surge as US-Iran Talks Stall, Markets Volatile
London, United Kingdom - Web Desk: Global financial markets showed renewed volatility as stalled negotiations between the United States and Iran fueled concerns over...
Iran Allows Iraqi Ships Through Hormuz, Keeps Global Limits
Tehran, Iran – Web Desk:Iran has announced that Iraqi vessels will be granted full access to transit through the strategic Strait of Hormuz, while...