3 articles tagged with "Hormuz"
As tensions in the Hormuz Strait continue to escalate, physical oil prices have surged to record highs, nearing $150 a barrel.
As tensions escalate in the Strait of Hormuz, China emphasizes the need for all parties to exercise restraint and halt military operations, disregarding President Trump's demands.
In light of expected US sanctions, oil tankers are increasingly steering clear of the Strait of Hormuz, a vital route for global oil transport, raising alarms about potential supply issues.