
Iran closes the Strait of Hormuz, and oil prices surge by $2
Tehran announces the closure of the Strait of Hormuz following U.S. strikes. Oil prices jump by $2. The geopolitical shock everyone feared.
14 articles on Strait of Hormuz

Tehran announces the closure of the Strait of Hormuz following U.S. strikes. Oil prices jump by $2. The geopolitical shock everyone feared.

Despite tensions in the Strait of Hormuz and price volatility, OPEC is maintaining its global demand forecast. This sends a strong signal to the oil market.

Hostilities are escalating in Iran. Oil prices are rising as negotiations stall and military tensions reach a new peak.

The prolonged conflict in Iran is causing strategic oil reserves to drop to critical levels. Markets are anticipating a major supply shock.

The ceasefire is holding but the Strait of Hormuz remains closed. Paris nearly flat, Frankfurt advancing slightly, and oil retreating after yesterday's surge.

Trump refuses to extend the truce in Iran. Brent climbs to 99.78 USD, WTI to 94.36 USD. The Strait of Hormuz remains paralyzed.

David Morgan anticipates six weeks of consolidation for gold before a massive upward movement. Energy tensions and food shortages are at the heart of his analysis.

Roland Lescure categorically rejects any tolls to cross the Strait of Hormuz, as Iran blocks this strategic passage. The G7 is concerned about the impact on global inflation.

Patrick Pouyanné calls for the reopening of the Strait of Hormuz, even for ransom. A fifth of the world's oil is blocked. Three months before the crisis.

Oil prices break through the $100/barrel barrier following the failure of negotiations in the Middle East. U.S. energy majors' shares soar in premarket trading.

As a fragile ceasefire between Iran and the United States enters its 4th day, world stock markets move cautiously forward. The Strait of Hormuz remains largely blocked, threatening global energy supplies.

The announcement of a two-week truce between Washington and Teheran provoked a collapse in energy prices. Brent crude plunged to $92.95 a barrel.

European stock markets are back on the rise following the signing of a 15-day ceasefire between the United States and Iran, agreed just before Trump's ultimatum.

Oil flirts with $110 a barrel amid Trump's trade threats and tensions in the Strait of Hormuz - gold rallies, inflation threatens to return to haunt central banks.