DARK SECRETS: 4 | Rare Historical Photos

Euro zone bond yields rise as oil climbs on Hormuz doubts

Bond yields in the Euro zone saw an uptick as oil prices surged, triggered by U.S. President Donald Trump's stance on Iran. The chances for a reopening of the Strait of Hormuz appear to have diminished. Investors are bracing for additional monetary tightening from the European Central Bank this year,…

The Economic Times · Aug 11

Iran-US war latest: US fires on ship for violating blockade as Trump again claims ‘total control’ over Hormuz

US leader reportedly hid in a catering truck to fend off an assassination threat after attending Nato summit last month

The Independent UK · Aug 11

Strait of Hormuz shipping traffic slumps to six vessels as US-Iran peace hopes fade

Shipping traffic through the Strait of Hormuz has significantly decreased recently. This decline coincides with fading hopes for a peace deal between the United States and Iran. President Trump presented new demands for compensation and an end to sanctions. The Iranian demands were similar to a preliminary peace deal signed…

The Economic Times · Aug 11

Analyst Warns Iran’s Push for ‘Concessions’ Puts Hormuz Agreement at Risk, Says Gas Prices Could Rise Again—Expects US Oil Reserves to Stay Above 275 Million Barrels

GasBuddy analyst Patrick De Haan has warned that Iran’s demands for concessions from the U.S. over the Strait of Hormuz‘s reopening risk sending oil and gas prices climbing again as tensions continue between Washington and Tehran.

Benzinga · Aug 10

Trump claims he’s ‘low-keying it’ with Iran after report he could walk away without nuclear deal

The president claims economic challenges will continue harming Iran, even if US negotiators have been unable to clinch a deal for the Strait of Hormuz to reopen

The Independent UK · Aug 9

No Direct US-Iran Talks Now. Middle East Peace Missives Take Back Channel Route

Tehran's top diplomat also said even if Iran strikes a deal with Oman to secure a trade route through the contentious Strait of Hormuz, that wouldn't ensure peace. Foreign Minister Abbas Araghchi has reiterated that IRGC's demands should be met by the Washington to reopen the Strait of Hormuz.

International Business Times · Aug 9

Trump foe vows he’s ‘prepared to support a bad deal’ to end war in Iran

Comments come as Wall Street Journal reports the president is privately considering abandoning nuclear goals

The Independent UK · Aug 9

Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crude

Reliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage costs in the Gulf. Shipping traffic through the Strait of Hormuz remains below average levels. Iraq offers steep discounts on its crude to attract buyers. Several refiners…

The Economic Times · Aug 7

Trump: Strait of Hormuz ‘sort of open’ and Iran war will end ‌soon

IN FULL

The Independent UK · Aug 7

Analyst Says Proposed Iran-Oman Deal May Have Just Dimmed Hopes for Lower Oil Prices, but National Average Gas Price Could Fall Below $4

GasBuddy analyst Patrick De Haan said reports of a potential Iran-Oman agreement to reopen the Strait of Hormuz with tolls are weighing on hopes for lower gasoline prices.

Benzinga · Aug 7