Macron Seeks Gulf-Backed Insurance Plan for Hormuz Shipping
Macron is negotiating with Saudi Arabia and Gulf states on a publicly backed insurance vehicle to cut shipping costs through the war-disrupted Strait of Hormuz.
Topic
Strait Of Hormuz
Topic
Strait Of Hormuz
Iran braces for US strike or sanctions squeeze within two weeks
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Brent Slides to $90.42 as Trump Signals No New Strikes on Iran
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Hormuz Closure Has Cost Europe $142 Billion for the Same Energy
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Qatar Races to Unlock $6bn and Reopen Hormuz Before US Vote
Qatar is mediating Doha talks to unlock over $6bn in frozen Iranian assets and reopen the strait of Hormuz within two days of US…
Gas at $4.246 a gallon: Trump's oil gains hit $35.8 million as prices surge
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Oil Flows Through Hormuz Now Top Prewar Levels, Kpler Data Shows
Hormuz oil flows exceed prewar levels at 24 million barrels a day, Kpler says, as markets price a 'forever conflict' capped by mu…
Aramco Wants 10 Million Barrels a Day Around Hormuz
Aramco plans to lift its East-West pipeline to 10 million barrels a day to bypass Hormuz, but a former U.S. Treasury official exp…
Oil Breaks $115 as Traders Price In Fresh US Strikes on Iran
Brent crude rose above $115 a barrel, a five-month high, after Tehran threatened strikes on Gulf oil facilities, undersea cables…
Brent Hits $112 as Saudi Attacks and Hormuz Strikes Rattle Oil Market
Brent crude rose 3% to $112 a barrel on Thursday, its highest since 18 May, after Houthi attacks on Saudi Arabia and strikes on G…