Oil Prices Surge After US Revokes License for Iranian Crude Sales
Oil prices rose sharply following the US decision to revoke the general license permitting Iranian crude oil sales, amid heightened tensions and attacks near the Strait of Hormuz.
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Oil prices rose sharply following the US decision to revoke the general license permitting Iranian crude oil sales, amid heightened tensions and attacks near the Strait of Hormuz.
Showing 1-24 of 47 articles.
general
Iran targeted U.S. military sites in the Gulf following American strikes and sanctions, while President Trump casts doubt on the ceasefire, raising fears of renewed conflict.
Washington Times News | Jul 8, 2026, 10:41 AM
politics
The U.S. Treasury Department's decision to end its sanctions waiver on Iranian oil follows attacks on commercial vessels near the Strait of Hormuz, prompting a sharp rise in global oil prices.
The Hill | Jul 8, 2026, 12:15 AM
politics
The U.S. Treasury Department's decision to end its sanctions waiver on Iranian oil follows attacks on commercial vessels near the Strait of Hormuz, prompting a sharp rise in global oil prices.
The Hill | Jul 7, 2026, 11:57 PM
world
A pause in hostilities between Iran and the United States offers temporary relief for Gulf shipping and global oil markets amid ongoing tensions.
South China Morning Post World | Jul 27, 2026, 1:19 PM
world
Brent crude falls below $88 a barrel following a temporary halt in US-Iran attacks, raising hopes for conflict resolution and easing energy supply concerns.
BBC World | Jul 27, 2026, 11:43 AM
world
Mediation efforts between Iran and the US continue amid ongoing disruptions in key maritime corridors and significant impacts on Iran’s energy sector.
Al Jazeera | Jul 26, 2026, 10:09 PM
politics
Renewed U.S. strikes on Iranian targets coincide with Houthi missile attacks on Saudi Arabia, prompting President Trump to hold Iran responsible and condition a Saudi deal on Abraham Accords membership.
The Hill | Jul 26, 2026, 9:15 AM
world
Tanker traffic in the Strait of Hormuz hits lowest levels in over two months as US attacks persist and Houthis allow Chinese oil shipments despite blockade.
Al Jazeera | Jul 24, 2026, 8:34 AM
world
Brent crude oil prices rose over 6% to $100 a barrel as military tensions in the Middle East intensified, raising concerns about global energy supplies and economic impacts.
BBC World | Jul 24, 2026, 6:12 AM
world
Following renewed Iranian attacks on US allies in the Gulf, President Trump signals potential for unprecedented military action against Tehran.
Al Jazeera | Jul 23, 2026, 11:00 PM
world
EU ambassadors reached a political agreement on a new sanctions package targeting Russia’s energy, financial, crypto, and trade sectors, with exemptions granted to Greece and Bulgaria blocking certain measures.
France 24 English | Jul 23, 2026, 9:17 AM
world
The closure of the Bab al-Mandeb strait and ongoing US attacks on Iran intensify tensions, with significant military and economic impacts reported.
Al Jazeera | Jul 22, 2026, 10:05 AM
world
Ongoing US strikes on Iran continue to overshadow diplomatic efforts in Pakistan to revive a failed interim ceasefire, as tensions escalate over control of the Strait of Hormuz.
Africanews | Jul 22, 2026, 9:25 AM
world
Luxury car sales from international brands in China dropped sharply as domestic electric vehicle makers gain market share, signaling a shift in consumer preferences.
South China Morning Post World | Jul 22, 2026, 4:45 AM
world
The US continues military actions targeting Iran’s capabilities in the Strait of Hormuz, while President Trump threatens an attack on an underground nuclear facility.
BBC World | Jul 22, 2026, 4:34 AM
world
President Donald Trump warns the United States is far from finished with Iran, indicating potential strikes on a key underground nuclear facility amid escalating Middle East hostilities.
Deutsche Welle | Jul 21, 2026, 6:53 PM
world
Two weeks after hostilities resumed, Iran and its allies escalate strikes targeting US assets and regional infrastructure, raising tensions and impacting global energy routes.
CNA Latest News | Jul 21, 2026, 12:11 PM
world
Iran's Revolutionary Guard claims attacks on US military assets in Bahrain and Kuwait as tensions escalate in the Strait of Hormuz.
Euronews | Jul 21, 2026, 6:48 AMworld
The unraveling of the June 17 Islamabad memorandum of understanding has led to intensified hostilities between the US and Iran, closure of the Strait of Hormuz, and regional economic and political repercussions.
Al Jazeera | Jul 20, 2026, 2:31 PMworld
Oil prices rose sharply on July 20, 2026, following US military actions against Iran and a fire aboard a vessel in the strategic Strait of Hormuz.
CNA Latest News | Jul 20, 2026, 3:24 AMworld
The conflict between the United States and Iran escalated with a seventh day of strikes targeting military and infrastructure sites, as Tehran announced suspension of its commitments under a recent interim agreement.
Africanews | Jul 19, 2026, 7:56 AMworld
Prime Minister Ali al-Zaidi's Washington visit resulted in over $60 billion in agreements spanning energy, healthcare, and technology sectors.
Al Jazeera | Jul 18, 2026, 3:39 PMworld
At least 35 killed and 300 wounded in US attacks targeting southern Iran and Strait of Hormuz despite ceasefire; regional instability escalates.
Al Jazeera | Jul 15, 2026, 6:21 PMShowing 1-24 of 47 articles.