Tag
Iran's Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open for commercial shipping during the ceasefire, sending Brent crude down 10.7 percent to $88.74 and WTI down 11.1 percent to $81.07. The announcement reversed a supply-shock premium that had pushed oil near $120 a barrel and lifted Wall
Conflict involving Iran has pushed the US closer to net crude exporter status than at any time since World War Two, reshaping American energy positioning. The shift carries direct consequences for upstream producers, export infrastructure operators, and the dollar's role in global oil pricing.
Tag
Iran's Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open for commercial shipping during the ceasefire, sending Brent crude down 10.7 percent to $88.74 and WTI down 11.1 percent to $81.07. The announcement reversed a supply-shock premium that had pushed oil near $120 a barrel and lifted Wall
2mo ago · 1 min · Markets
Conflict involving Iran has pushed the US closer to net crude exporter status than at any time since World War Two, reshaping American energy positioning. The shift carries direct consequences for upstream producers, export infrastructure operators, and the dollar's role in global oil pricing.
2mo ago · 1 min · Markets
— End of feed —