Brent crude could hit $110 if oil flows through the Strait of Hormuz
Monday, 23 June 2025 () Oil prices could surge to new highs, Goldman Sachs has warned, after the US attacked three sites in Iran spiking fears that a crucial Iranian-controlled waterway could be disrupted. The price of Brent crude oil spiked 5.7 per cent in the aftermath to $81.40 a barrel – marking a five month high. Prices later gave [...]
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing into the hands of the enemy.” His rant comes amid spiking oil prices as fears of a possible...
Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as..
Multiple explosions rocked Iran’s Bushehr city—home to a key nuclear power plant—after reported Israeli airstrikes. Al Arabiya confirmed the Bushehr International Airport was struck, while images..
Emkay Research projects Brent crude oil prices to average $70 per barrel in fiscal year 2026. This is despite Middle East tensions. Oil markets are well... IndiaTimes
Oil prices stabilised on Wednesday after a surge fueled by fears of escalating US-Iran conflict, triggered by President Trump's aggressive statements and... IndiaTimes
Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains. Concerns over potential supply disruptions,... IndiaTimes