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qz
Oil surged above $94 a barrel after the U.S. struck Iranian targets in Hormuz

Brent crude climbed 3.8% to $94.36 a barrel as WTI rose 4.3%, putting the U.S. benchmark on pace for its highest settlement in over a month [...]

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qz
U.S. is letting Iranian oil tankers through the Strait of Hormuz, Bessent says

Treasury Secretary Scott Bessent says the U.S. is allowing Iranian oil tankers through the Strait of Hormuz to keep global oil markets well supplied. [...]

Match Score: 52.85

qz
Oil hits $108 a barrel as Israel attacks Iranian energy sites

Brent crude surged past $108 after Israeli strikes on Iranian gas infrastructure. Citi warns prices could hit $150 if Hormuz disruptions continue [...]

Match Score: 44.62

thenextweb
China’s electric taxis are blunting the Hormuz oil shock, but only at the margins

China’s crude oil imports fell 41.3% in June from a year earlier to 29.27 million tonnes, the lowest monthly total since October 2016, according to customs data released on 14 July. Five months in [...]

Match Score: 43.14

thenextweb
Australia’s $22 billion answer to the question the Hormuz crisis asked

When Iran closed the Strait of Hormuz on 27 March, following weeks of US and Israeli air strikes, Brent crude hit $126 a barrel and the World Bank warned that energy prices would surge by 24 per cent, [...]

Match Score: 41.42

qz
Bessent says the U.S. is letting Iranian oil tankers through the Strait of Hormuz

The Treasury secretary predicted that oil prices will fall "much lower" than $80 a barrel once the Iran war ends [...]

Match Score: 36.82

qz
Oil rises even as U.S. weighs freeing 140 million barrels of Iranian crude

Treasury Secretary Bessent says the U.S. may unsanction 140 million barrels of Iranian oil on tankers to cool prices after Iran shut the Strait of Hormuz. [...]

Match Score: 36.79

qz
The U.S. is eyeing 140 million barrels of stranded Iranian oil to cool prices

Treasury Secretary Bessent said Washington may waive sanctions on Iranian crude already at sea — but Brent is still trading near $109 a barrel after spiking to $120 on Thursday [...]

Match Score: 34.16

qz
Oil climbs 6% as U.S.-Iran tensions flare over Hormuz, stocks fall

Dow futures dropped about 300 points Monday after the U.S. seized an Iranian cargo ship and Iran restricted Strait of Hormuz traffic again [...]

Match Score: 32.75

qz
Oil falls to $90 and stocks soar as Iran opens Strait of Hormuz

A top Iranian official declared the Strait of Hormuz "completely open" to commercial vessels during the Israel-Lebanon ceasefire [...]

Match Score: 32.42