Hormuz Intervention Fails to Sway Oil Market
Oil prices were unaffected by a US plan to guide vessels through the Strait of Hormuz, as Iran signaled non-cooperation and maritime incidents continued.
04 May 2026
Oil Surges on Prolonged Iran Blockade Fears
Oil prices hit $120/barrel amid US blockade on Iran, signaling Strait of Hormuz disruption & global economic impact.
30 Apr 2026
IEA Strategic Reserve Release Fails to Stabilize Oil Prices
IEA's record 400 million barrel oil release failed to stabilize prices, which rose 10% to $100/barrel.
13 Mar 2026
