Crude falls 5% as Tehran allows “non-hostile” ships passage, easing worst-case supply fears.
Tag:
Oil Markets
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MARKETSWorld Markets
Markets Turn Cautious Again as Oil Holds Above $100
by Daphne Dougnby Daphne DougnRelief rally fades as Iran conflict drags on, pushing yields higher and dimming hopes for rate cuts.
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Energy markets brace for prolonged conflict as Hormuz disruptions threaten global supply
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Futures & CommoditiesReviews
Why Oil Keeps Rising Despite a Massive Strategic Reserve Release
by Daphne Dougnby Daphne DougnTraders bet on prolonged war risk as markets doubt emergency oil stocks can offset Hormuz disruption
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Beijing seeks safe passage for energy shipments as global oil supply faces major disruption
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Markets price in Middle East risk as U.S. military signals escalate pressure on Tehran