Oil prices near pre-war levels as shipping ramps up on Strait of Hormuz
With the U.S.-Iran agreement appearing to hold, oil prices continue their fall as more ships start moving in and out of the Persian Gulf.
Last updated: 2026-06-25 15:15:55 ET
With the U.S.-Iran agreement appearing to hold, oil prices continue their fall as more ships start moving in and out of the Persian Gulf.
The countries surrounding the Persian Gulf undoubtedly suffered the greatest economic damage from the war against Iran, which began four months ago. B...
Big oil tankers are commanding $280,000 a day to head into the Persian Gulf to pick up cargoes, danger notwithstanding.
Iran is likely to assert newfound control over the gateway to the Persian Gulf and its crude oil stockpiles. The post War’s over, but ocean rates fa...
The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.
More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative ...
Long-planned rail link between Persian Gulf industrial areas and the Red Sea now spurred on by regional conflict targets 2034 completion. ...
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