brent
10 articles
Past the Friday Window: Hormuz Quiet, Monday Tape in Focus
The IRGC's signaled Friday reopening for the Strait of Hormuz came and went without confirmation, denial, or incident. Saturday's silence sets the Monday open.
Saudi Supertankers Move 6 Million Barrels Through Hormuz
Three Saudi-flagged supertankers carrying six million barrels transited the Strait of Hormuz Thursday, the largest single-day Persian Gulf move since the conflict began.
Oil Jumps as Hormuz Spillover Widens to Kuwait and an Oman Tanker Fire
Crude futures jumped overnight as the US-Iran cycle widened beyond Hormuz, with Kuwait drawn in, an Oman tanker on fire, and Kazakh and Chinese buyers scrambling for physical barrels.
Oil Stuck Near $100 Says the Market Is Pricing Hormuz, Not a War Scare
Crude holding near $100 a barrel while tactical hostilities ease tells you the premium is structural — Hormuz, insurance, dark tankers — and India is already paying for it.
Oil Spikes, Futures Slide as Iran Missile Barrage Tests Ceasefire
Crude jumped and U.S. stock futures fell Sunday night after Iran fired missiles at Israel, even as OPEC+ approved a 188,000 bpd July supply boost.
CENTCOM Puts Blockade Tally at 125 Vessels as Hormuz Push Sharpens
US Central Command's redirect count is the first hard military number on the Iran blockade's shipping toll, landing as the Speaker says Trump is focused on reopening Hormuz and analysts warn diverted barrels are not spare capacity.
US Crude Exports Hit Records as SPR Drawdowns Cool Brent
US crude exports have surged to all-time highs and SPR releases keep flowing as Brent eases off recent highs on rising bets that a Hormuz deal is near.
Oil Drops After Trump Pauses Iran Strike, But $45 Billion Bill Has Already Hit U.S. Consumers
Brent and WTI eased after Trump postponed a planned Iran strike, but Americans have already absorbed an estimated $45 billion in higher fuel costs since the war began.
Oil Crashes 7.8%, S&P 500 Hits Record as Iran Deal Hopes Build
Brent crude tumbled to $101.31 and U.S. stocks ripped to record highs Tuesday as Iran's IRGC Navy reopened Hormuz to safe passage and U.S.-Iran memorandum talks advanced.
Brent crosses $126 intraday as Trump rejects Iran's Hormuz proposal
Brent briefly traded above $126 Thursday before settling near $120 after the president rejected Tehran's offer to lift the Hormuz blockade in exchange for delayed nuclear talks.