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“It also gave Iran another potential source of leverage as the United States has started to loosen Tehran's grip on the Strait of Hormuz, on the other side of the Arabian Peninsula.”

“Iran wants the US to lift a blockade and sanctions that have devastated its economy, while the US seeks the full reopening of the Strait of Hormuz and a deal to roll back Tehran's nuclear program.”

“The future of the strait of Hormuz – through which a fifth of the world’s traded oil and gas transited in peacetime and which the US and Iran are now mounting blockades of – is the diplomatic key to unlocking the conflict between the US and Iran, and to a…”

“…he U.S. got a few small things — agreement to lower tariffs on $60B worth of goods, some purchases of specific items (such as agricultural and coal), the standing up of an AI dialogue, and alignment on major goals with regard to Iran and the Strait of…”

“Both also said that Iran should honor its stated commitment to not develop nuclear weapons, and that no country should charge a toll on international waterways, in a reference to the Strait of Hormuz, which has seen significantly reduced traffic since the…”

“Beijing made no commitments to pressure Iran into finding a solution to the ongoing Middle East war and reopening the Strait of Hormuz, a critical waterway for global trade.”

“Before the US-Israel war on Iran began on February 28, the Strait of Hormuz typically handled about 125 large commercial vessels a day and shipments through it accounted for about 20 percent of global crude and liquefied natural gas supplies.”

“Around that time, Iran claimed success in attacking ships – including US Navy vessels – near the Strait of Hormuz, saying the strikes had forced Washington to move its warships further from the Iranian coast.”

“Oni said Dangote was riding a wave during the current situation across the Middle East; however, fortunes could change — especially when the tensions around the Strait of Hormuz eventually ease.”

“Oni said Dangote was riding a wave during the current situation across the Middle East; however, fortunes could change — especially when the tensions around the Strait of Hormuz eventually ease.”

“The economy of the Middle East and Central Asia is set to shrink in 2026 amid the fallout of the US-Israel war on Iran, with countries such as Kuwait and Qatar facing double-digit contractions, according to the International Monetary Fund (IMF).”

“A recent surge in attacks on oil tankers in and around the Strait of Hormuz, alongside renewed conflict between the Iran-backed Houthis and Saudi Arabia in the Red Sea, is stoking concerns in the industry about crucial shipping lanes.”

“The prospect of Iran or Oman imposing a toll on shipping through the Strait of Hormuz in the future, and the increased use of alternative pipeline infrastructure to bypass the strait, would also add to the cost of oil and LNG, keeping upward pressure on…”

“… tanker-tracker websites, traffic through the key waterway has been steadily increasing, with some estimates putting oil and petroleum flow through the Strait of Hormuz at nearly 80 percent of what it was before the US-Israeli war on Iran began on February…”

“…re, the documents also talk about supporting construction of new pipelines to bypass the Strait of Hormuz, which would allow it to keep buying crude from, say, the United Arab Emirates and Saudi Arabia without having to worry as much about instability in…”

“The US dollar was steady near a two-month high, and oil prices spiked about 3 percent as US President Donald Trump rejected an Iranian offer to resolve the conflict and reopen the Strait of Hormuz.”

“Meanwhile, the ongoing war between the US and Iran is continuing to disrupt the global trade in refined oil and other petroleum materials, with Iran’s effective blockade of the Strait of Hormuz limiting the production and supply of fuel needed by consumers.”

“…opes appeared to weaken as traders pushed prices higher to $US106 ($151) a barrel on Monday following reports that Iran is refusing to budge on certain conditions it is seeking before agreeing to reopen the Strait of Hormuz, a critical oil and gas shipping…”

“Oil prices could resume their rally this week as US President Donald Trump over the weekend sent mixed signals about his willingness to reach a peace deal with Iran.”

“In any case, effective Iranian control of both the Strait of Hormuz and the Bab el Mandeb Strait fundamentally alters the world's energy supply equation, for the worse.”

“Ambassador to the United Nations Mike Waltz joined a series of Trump administration officials who have blamed the Russia-Ukraine War for high diesel prices, pivoting the energy markets conversation away from the war in Iran and the Strait of Hormuz.”

“Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.”

“Brent oil was quoted at 106.21 dollars a barrel in London on Friday at the time of the equity market close, down from 107.25 dollars late on Thursday on hopes of progress between the US and Iran.”

“Escalating tensions between the United States and Iran, including attacks affecting tankers and other energy infrastructure, have disrupted or restricted traffic through the Strait of Hormuz and increased fears of supply shortages, The Daytona Beach…”

“Iran could try to disrupt the US route through the Strait of Hormuz or target areas near the Omani coast where the ship-to-ship transfers are taking place.”

“He said Tehran would not allow the key shipping route, the Strait of Hormuz, to be used for aggression against his country.”

“…. maritime trade monitoring agency reported that a cargo vessel had been “stuck by an unknown projectile” in the Strait of Hormuz, a critical chokepoint for global energy supplies, which has remained at a near standstill for months as a result of the Iran…”

“The Iran war — and the energy shocks that have accompanied it — has elevated inflation globally since February, leading central banks around the world to raise interest rates.”

“Also supporting the market mood was a further drop in oil prices on hopes of diplomatic progress in the US-Iran war.”

“Oil rises slightly ahead of potential US-Iran talks AI generated NEW YORK – Oil prices gained for the first time in five sessions on Sept 22 as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after…”

“…ces slid to their lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this week’s UN meeting and eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen’s…”

“…’s International Financial Centre: official Neutrality amid US-Israel war on Iran cited as an advantage, as well as location of ports away from Strait of Hormuz Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz…”

“Media reports suggest that the Hormuz closure and rising oil prices have pushed the US and its allies in the region to adopt shadow tactics, much like what Iran has been doing for years to export its own crude.”

“The report, which was released on Tuesday, revealed that the protracted war is straining US munitions stockpiles and fuelling inflation as the Strait of Hormuz, a global oil export chokepoint, remains under Iranian blockade.”

“A study by the RAC Foundation found the conflict has collectively cost motorists the staggering sum since 28 February, when pump prices rocketed after the US bombed Iran and Tehran responded by blockading the Strait of Hormuz.”

“Saudi Arabia remains a “high priority market for Citi,” with room to grow despite disruptions caused by more than six months of conflict in the region and Iran’s attempts to shut down shipping through the Strait of Hormuz.”

“However, the central bank’s board of governors is having to contend with a renewed rise in oil prices after the US-Iran conflict intensified again.”

“The prediction comes as oil prices have surged back above 100 US dollars this week because of attacks on Iranian oil tankers and concerns about further disruptions to supply amid ongoing fighting in the Middle East.”

“But Iran still insists that negotiations with the US will not happen until Tehran’s conditions for Hormuz, lifting the blockade, the sanctions and other demands are met.”

“How they could send oil prices surging even further Renewed U.S.-Iran exchanges send oil price back over $100 US for first time in several weeks Not enough supply The problem is that diesel is in extraordinarily short supply, experts say.”

“… as the missile exchanges in the Gulf died down and Trump signalled that peace was on the way, the price of oil began to fall from the $100-plus US range it hit in response to the initial U.S.-Israeli attack on Iran, and Iran's closure of the Strait of…”

“Islamabad and Doha have been playing an active role in ongoing mediation between the US and Iran to bring the two sides back to the table to end their months-long war.”

“Oil prices continued to gain early Friday as tensions between the U.S. and Iran intensified.”

“…l stories of Donald Trump’s second term, and is very much an ongoing crisis: We’re still shooting back and forth, the Strait of Hormuz remains more or less closed, Iran has not agreed to the restraints on its nuclear program Trump demands, and so on and so…”

“After Israel and the US began launching strikes at Iran at the end of February, Iran responded by attacking US allies in the region, including the UAE.”

“Motor fuel prices fell back when the US and Iran agreed in June to a framework deal to end the fighting but have started rising again as tensions resurface.”