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Tag: global oil markets
Commodities
Trump Gives Iran a “Last Chance” as Hormuz Deal Moves Closer — But Tehran Wants Control of the Vital Oil Route
Trump Gives Iran a “Last Chance” as Hormuz Deal Moves Closer — But Tehran Wants Control of the Vital Oil Route President Donald Trump is warning Iran that time is running out for a deal as diplomatic efforts intensify over the Strait of Hormuz, one of the world’s most important energy chokepoints. Iran and Oman...
Business
Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets
Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets U.S. Secretary of State Marco Rubio says negotiations over the Strait of Hormuz are making progress, but no final agreement has been reached yet. The uncertainty is keeping global oil markets on edge, even as crude...