Global oil prices fall sharply, reaching a three-week low VnExpress Brent and WTI crude are below USD 80 a barrel, as talks to reopen the Strait of Hormuz progress.
Global oil prices approach 100 USD VnExpress Brent crude surges nearly 4% as supply disruption risks escalate due to Middle East conflict.
US tightens sanctions on Iran's oil and digital currency VnExpress Washington aims to increase economic pressure on Tehran by sanctioning oil sales and freezing digital currency wallets.
Trump scraps plan to levy fees on ships through Hormuz Strait VnExpress Just one day after announcing a 20% "protection fee" for cargo ships passing through Hormuz, the US president has withdrawn the proposal.
Global gold price leaves $4,000 mark, crude oil surges nearly 10% VnExpress Gold prices have fallen below $4,000 per ounce, while Brent crude oil has surpassed $80 following the US's reimposition of a blockade on Iranian seaports.
Europe could face jet fuel shortages VnExpress Energy Aspects, an energy consultancy, estimates Europe will face a shortage of nearly 600,000 barrels of jet fuel per day in Q3.
World oil prices hit 4-month low VnExpress Brent crude is currently near 70 USD a barrel, its lowest level since early march when the Middle East conflict erupted.
Iran sells over 40 million barrels of oil in two weeks VnExpress The lifting of a US port blockade in mid-June has led to an increase in both Iran's crude oil exports and prices.
Asia's energy security dilemma: the pressure to retain coal power VnExpress Asia's climate goals face new challenges as many countries diversify their energy supply, including coal, to ensure energy security.
The future of the oil market may depend on China VnExpress Societe Generale Bank suggests China acts as an "invisible hand" that could help rebalance the global oil market both during and after the conflict.
Iraq could restore oil production within two months VnExpress OPEC's second largest oil producer expects to return to pre-conflict output soon, depending on traffic flow through the Strait of Hormuz.
Oil tanker traffic through the Strait of Hormuz increases VnExpress At least 20 oil tankers have transited Hormuz since the US and Iran reopened the strait, according to commercial data firm Kpler.
