Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill - Reuters
Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill Reuters
Coverage by Political Leaning
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Notable Quotes
"The Strait of Hormuz remains effectively constrained and operation of the global oil system is far from normal."
— Ole Hansen , Executive
"If oil supplies from the Persian Gulf remain blocked, oil prices are likely to rise again."
— Commerzbank analysts , Academic
"The initial wave of relief following President Trump's two-week ceasefire announcement has quickly given way to underlying doubts."
— Tony Sycamore , Other
"All eyes remain firmly on tanker tracker flows through the Strait of Hormuz for any signs of increased activity ahead of peace talks scheduled in Pakistan today."
— Tony Sycamore , Other
"Brent prices could reach $190 a barrel if flows through the Strait of Hormuz remain at the current level."
— John Paisie , Executive
"The initial wave of relief following President Trump's two-week ceasefire announcement has quickly given way to underlying doubts."
— Tony Sycamore , Other
"Brent prices could reach $190 a barrel if flows through the Strait of Hormuz remain at the current level."
— John Paisie , Executive
"The chances of a meaningful reopening (of the Strait of Hormuz) any time soon look dim."
— Vandana Hari , Executive
Key People
Experts analyzing oil market trends and forecasts.
Former president of the United States known for his aggressive economic policies.
President of energy consultants Stratas Advisors.
Ole Hansen is the head of commodity strategy at Saxo Bank.
IG Markets analyst providing insight on market trends.
Vandana Hari is the founder of Vanda Insights, an energy markets analysis firm.
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<a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQSWpoazdNRjAyOFQxcGxtNmlDRVFVamlLUVRWXzU3TjFwQmY0cVl3azhtVjFjbm9DbFljWWRFeFBDZEladkdybVE4V0lQUE1ocmNROFRPZG05X2ZxRGVrajJsbHE3S3FhazdiRWFBUFRoOUdOV25oTS1wN0hQSm03TWxWQ3hSVXFsT1Uwb2JlUzZiY2pRTUFOa3ZTQ1V1WGd1a2FOZg?oc=5" target="_blank">Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill</a> <font color="#6f6f6f">Reuters</font>
Oil prices rose due to attacks on Saudi energy facilities and disruptions in the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
Oil prices rose following attacks on Saudi energy infrastructure and concerns over the closure of the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
Oil prices rose as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted.
Oil prices rose due to concerns over Saudi oil supply disruptions and the near-total closure of the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
Oil prices rose amid concerns that supply from the key Middle East producing region may not fully resume due to doubts over the two-week ceasefire between the U.S. and Iran and the restricted Strait of Hormuz.
Oil prices climbed as doubts over a fragile two-week ceasefire in the Middle East kept supply risks through the Strait of Hormuz elevated.
Oil prices increased following attacks on Saudi energy infrastructure and ongoing concerns over the closure of the Strait of Hormuz, despite a fragile ceasefire between the U.S. and Iran.
Oil prices climbed due to fresh anxiety over supplies from Saudi Arabia and as tanker traffic through the critical Strait of Hormuz remained largely frozen.
Oil prices rose following attacks on Saudi energy infrastructure and as markets evaluated the risk premium from the ongoing closure of the Strait of Hormuz, despite a fragile truce between the U.S. and Iran.
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