Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
Agreement lets Iran sell crude freely, reversing sanctions that spiked diesel 50% since war started. What the fuel-price drop means for small fleets.
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Brent Crude Jumps $2.22 to $98.22, Up 10% This Week
Oil prices climbed 10% this week after a two-week retreat as U.S. and Iran trade attacks. Brent hit $98.22 per barrel June 3.
Brent Crude Jumps 3.5% to $104.88 as Iran Talks Collapse
Oil climbs on diplomatic breakdown, diesel costs stay elevated as Hormuz remains shut and crude tops $100 for the eighth straight session.
Hormuz Shut Since May 5, No Tankers Through, Diesel Still Climbing
Iran halted all transits through the Strait of Hormuz three days ago and imposed new shipowner reporting rules. Crude and diesel prices remain elevated despite…
Brent Crude Jumps 2.3% to $101.38 as Iran Talks Stall
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.
Brent Crude Swings $4 in Morning Trade, Settles at $105.38
June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.