oil prices Archives - TRIBUNE POINT

Oil Prices Rise Above $102 as Strait of Hormuz Attacks and US Hurricane Threaten Supply

Sufyan Tahir / 6 days

4 min read

He added that restricted fuel flows, exceptionally high logistics costs and the risk of further Iranian escalation were keeping oil prices elevated. SINGAPORE: Global oil prices rose on Thursday as concerns over supply disruptions in the Middle East intensified following increased attacks on shipping in the Gulf and the Strait of Hormuz, while a hurricane […]

Iran sets conditions for reopening Strait of Hormuz as US tensions continue

Sufyan Tahir / 3 weeks

2 min read

He said Iran could not reopen the Strait of Hormuz while the conditions remained unmet and US commitments were not honoured. TEHRAN: Iran has told the United States that it will not reopen the Strait of Hormuz unless several key conditions are met, including an end to the ongoing war, the release of frozen Iranian […]

Iran warns US forces can be ‘grounded’ as Tehran highlights Strait of Hormuz leverage

Muhammad Shoaib / 1 month
0
3 min read

Iran’s Navy commander Rear Admiral Shahram Irani. Photo: Iranian media TEHRAN: Iran’s Navy Commander Rear Admiral Shahram Irani said on Monday that the United States was “deeply concerned” about Iran’s military operations, warning that Tehran’s armed forces could “ground” US forces wherever necessary, state-run IRNA reported. Irani said Iran’s armed forces must remain fully prepared […]

Iran urges other nations not to join new US sanctions

Ahmed Waqas / 2 months

2 min read

Tehran: (Reuters) Iran condemned the United States’ new economic sanctions on Friday as “state terrorism” and said other countries were legally obliged not to implement them. The Iranian foreign ministry’s statement came as mediators stepped up efforts to reopen the Strait of Hormuz, which handled 20% of global oil supplies before the war began six months ago, and […]

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Oil Prices Rise Above $102 as Strait of Hormuz Attacks and US Hurricane Threaten Supply

Iran sets conditions for reopening Strait of Hormuz as US tensions continue

Iran warns US forces can be ‘grounded’ as Tehran highlights Strait of Hormuz leverage

Iran urges other nations not to join new US sanctions