U.S. and Saudi Arabia to level up world oil prices?
U.S. Energy Secretary Rick Perry and Saudi Arabia Energy Minister Khalid Al-Falih agreed to counter Iran's attempts to "destabilize" the global oil market. Perhaps, it was caused by the …
Strait of Hormuz
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UN reiterates maximum restraint for Gulf tensions
UN Secretary-General Antonio Guterres stressed the need for "maximum restraint" to prevent further escalation of tensions in the Gulf. Guterres said he has "consistently conveyed a clear message to …
The winners and losers in the Iran crisis
It is about much more than the US and Iran.
Scholz: Germany sceptical about U.S. mission for Strait of Hormuz
Germany’s Vice Chancellor and Finance Minister Olaf Scholz said he was very sceptical about a request by the United States to join a military mission for the Strait of Hormuz. "I’m very sceptical …
U.S. invites Germany to join coalition to patrol Strait of Hormuz
The United States asked Germany to join the military mission to safeguard the Strait of Hormuz, according to the U.S. Embassy in Berlin. "We have formally asked Germany to help along with France and the UK to secure the Strait of …
Second UK warship arrives in Strait of Hormuz
A second UK warship has arrived in the Strait of Hormuz to protect British ships in the strategic waterway, as the Foreign Secretary urged Iran to release a British-flagged tanker it detained there two weeks ago. The Ministry of …
Oil prices are not afraid of military conflict between US and Iran
Any positive outcome from the US-China meeting is expected to boost oil prices
Protecting Strait of Hormuz is Iran’s business and no one else’s – President Rouhani
Iran’s president has reminded the global community that it should be thankful for Tehran’s work on preserving security in the Persian Gulf and the Strait of Hormuz, while stressing a UK tanker there was seized on legal grounds, RT …
Iranian Foreign Ministry: Iran to secure Strait of Hormuz
Iran will secure the Strait of Hormuz and not allow any disturbance in shipping in the key oil transport waterway, Iranian Deputy Foreign Minister Abbas Araqchi said during a visit to Paris. "Iran will use its …
Moscow: U.S. initiative to create coalition for patrolling Strait of Hormuz "not understandable"
Russian Deputy Foreign Minister Mikhail Bogdanov said that Russia has not received any offers from the United States considering Washington's initiative to create an international coalition for patrolling the Strait of …
Pompeo says U.S. seeks coalition to patrol Strait of Hormuz
U.S. Secretary of State Michael Pompeo said that countries from around the world will participate in a coalition that will patrol the Strait of Hormuz to ensure freedom of navigation in the region. "We are working …
Iran's Islamic Revolutionary Guard Corps seizes British-flagged, Liberian-flagged tankers in Strait of Hormuz
Iran's paramilitary Islamic Revolutionary Guards Corps have seized a British-flagged and a Liberian-flagged oil tanker traveling through the Straight of Hormuz on Thursday, Britain's foreign secretary said, in what appeared to be a …
Oil ends higher on fresh tensions in the Middle East
... but books a sharp loss for the week
Araqchi denies U.S. destroyed Iranian drone
Iranian Deputy Foreign Minister Abbas Araqchi denied that Iran had lost a drone in the Strait of Hormuz after the United States said that a U.S. Navy ship had "destroyed" an Iranian drone. "We have …
Zarif: Iran doesn't want to сlose Strait of Hormuz, but...
Iranian foreign minister Mohammad Javad Zarif said that Iran is capable of shutting the Strait of Hormuz, but doesn’t want to do it. "We certainly have the ability to do it, but we certainly …
UN chief calls for maximum restraint in Strait of Hormuz
U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe," U.N. deputy spokesman …
Kremlin comments on British tanker incident in Strait of Hormuz
Russia keeps a close eye on developments concerning the alleged incident involving a British tanker and Iranian boats in the Persian Gulf, Kremlin Spokesman Dmitry Peskov said. "We have taken note of the …
Iran-UK row breaks out in Strait of Hormuz
Five armed Iranian Islamic Revolutionary Guard Corps boats attempted to seize a British oil tanker in the Persian Gulf at night, according to the media reports. CNN cited two U.S. officials as saying that the British Heritage …
Persian Gulf conflict could send oil beyond $325
The impact on oil markets of an Iranian closure of the Strait of Hormuz would be enormous
Oil prices are up, and could go even higher
Geopolitical tensions with Iran and a potential interest rate cut by the US Federal Reserve sent US markets higher
