Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.
Oil prices moved slightly lower on Friday as markets parsed reports that the U.S. was close to gaining access to Venezuela’s oil reserves, while focus was also on U.S.-Iran wrangling over the Strait of Hormuz.
Iran’s foreign ministry on Friday called on “all countries” not to implement U.S. sanctions against Tehran, warning that doing so would represent “complicity” in imposing the “illegal will” of the United States.
Oil prices fell more than $2 a barrel to a more than two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.
Beijing has warned the US that it would retaliate against any significant expansion of the Trump administration’s new secondary sanctions relating to Iran that hit Chinese companies.
Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war.
Countries that calculate appeasement of the regime to be a safer choice should reconsider
Iran vowed on Friday to deliver a “devastating” response to any new U.S. threats, as Washington threatened to slap historically “tough” sanctions on Tehran.
Oil moved higher Thursday after U.S. President Donald Trump vowed “economic warfare” on Iran and financial penalties for its supporters, as the United Arab Emirates said it was suspending trade with Tehran.
Στο τραπέζι του Ιράν ακόμη και επιθέσεις σε υποθαλάσσια καλώδια στα Στενά του Ορμούζ – «Αν οι ΗΠΑ το παρακάνουν, ο πόλεμος μπορεί να φτάσει στην Ευρώπη», λέει πηγή προσκείμενη στο καθεστώς
Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.
President Donald Trump on Monday said the U.S. would “bomb” Oman if the Gulf nation “gets in the way,” as Washington’s 60-day ceasefire with Iran expires with no official negotiations or deal in sight.
Τηλεφωνική επικοινωνία είχε την Πέμπτη ο Γιώργος Γεραπετρίτης με τον Αμπάς Αραγτσί, για την κρίση στην Μέση Ανατολή και την κατάσταση στο Ορμουζ.
The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said in an interview.
Oil prices tumbled Monday after President Donald Trump said he called off a planned strike on Iran.
The US has paused strikes on Iran for a third night as top military officials advised Donald Trump to halt his bombing campaign, and diplomatic negotiations have continued to avoid a return to all-out war.
Iran’s Houthi allies in Yemen on Monday declared a maritime embargo of Saudi Arabia.
Oil prices were higher on Monday morning after the U.S. and Iran traded strikes as they contest control of the Strait of Hormuz, one of the most important trade routes for global energy supplies.
U.S. President Donald Trump said Wednesday that Washington’s ceasefire with Iran is over, after hostilities between the two sides escalated overnight.
Iran has begun talks to sell oil to Japanese companies, though prospective buyers are seeking a longer U.S. sanctions waiver and reassurances on safe shipping conditions in the Gulf, three Iranian and Western sources said.
President Donald Trump said Wednesday that Iran had informed him there would be no tolls, insurance costs, or charges of any kind for ships looking to pass through the strategically vital Strait of Hormuz.