Topic
ceasefire
Commodities Crude Oil Futures Slide on Ceasefire Hopes Between US and Iran Amid Houthi Blockade Threat
Crude oil futures declined on Tuesday amid reports of a potential 10-day ceasefire between the US and Iran. September Brent fell 0.77% to $88.53, while WTI dropped 0.38% to $82.17. Meanwhile, Houthis in Yemen announced a naval blockade on Saudi Arabia, threatening oil flows through the Bab el-Mandeb Strait, and US forces conducted additional strikes against Iranian targets.
Logistics Strait of Hormuz Traffic Near Standstill as Trump Declares Ceasefire 'Over' After US Strikes on Iran
Traffic through the Strait of Hormuz came to a near standstill on July 9 after a second day of US strikes on Iran, with President Trump declaring the ceasefire 'over.' Iran struck Kuwait and Bahrain, and attacks on three commercial vessels—including an LNG carrier and two VLCCs—prompted an IMO evacuation framework suspension. The Joint Maritime Information Centre raised the threat assessment to severe, and Iran threatens to close the strait completely.
Crude Chaos: Oil Near $80 a Barrel After Trump Declares US-Iran Ceasefire ‘Over’
Oil prices surged toward $80 a barrel after US President Donald Trump declared the US-Iran ceasefire 'over' and launched fresh strikes. Brent crude rose 1.31% to $79.04, extending a 5% rally. Maritime authorities raised the Strait of Hormuz threat level to 'severe' following tanker attacks, reigniting inflation fears.
Oil Jumps Nearly 5% as Trump Declares Iran Ceasefire 'Over'; Wall Street Falls
Oil prices surged nearly 5% and US stocks fell on Wednesday after President Donald Trump declared the ceasefire with Iran effectively over, raising fears of renewed disruptions to global energy supplies. Brent crude rose 4.8% to $77.74 a barrel, while the S&P 500 dropped 0.5% and the Dow lost 550 points.
Crude, Ceasefire and Economic Data: What's Driving Dalal Street This Week
Indian stock market sentiment this week will be shaped by geopolitical tensions involving the US and Iran, crude oil price movements, and a packed domestic economic calendar including IIP, PMI, forex reserves data, and monthly auto sales. Last week, the BSE Sensex rose 0.38% and the Nifty advanced 0.17%.
Commodities Crude Oil Surges Over 6% as Trump Declares Iran Ceasefire 'Over'
Oil prices surged more than 6% after US President Donald Trump declared the interim ceasefire with Iran 'over' following US strikes on Iran in response to attacks on three ships in the Strait of Hormuz. Brent crude rose 6.3% to $78.80 a barrel, and US benchmark crude jumped 6.4% to $75.00. The move raises uncertainties over inflation and coincides with concerns over AI stock valuations.
Oil Prices Edge Higher After Vance Warns Israel Against Violating Ceasefire
Oil prices edged higher after US Vice President JD Vance warned Israel against violating the ceasefire with Hezbollah, raising doubts over the stability of the Middle East peace deal. Brent crude fell 0.65% to $79.33 a barrel, while WTI declined 0.46% to $75.50. The market remains focused on the Strait of Hormuz, where a recent US-Iran agreement aims to restore oil flows.
Indian Insurers Urge Retaining Marine Insurance Pool Despite Ceasefire
Despite the ceasefire between the US and Iran, Indian insurers advocate for the continuation of the Bharat Maritime Insurance Pool (BMIP) to maintain domestic capacity for marine war risk coverage. Industry leaders warn that normalization will be gradual and that the pool is critical for resilience against future geopolitical disruptions.
Logistics Hormuz Ceasefire Deal Leaves Shipping in Familiar Wait-and-See Mode as Operational Hurdles Remain
Asian shipping stocks rallied Monday on a tentative US-Iran ceasefire deal to reopen the Strait of Hormuz after 107 days, but industry experts caution that a full return to normal navigation will be gradual and uncertain. Major operational questions remain over mine clearance, traffic control, insurance, and the durability of the ceasefire, with over 500 vessels still stranded and traffic almost non-existent.
Commodities Oil Prices Jump After Iran Missile Strikes Test Fragile Ceasefire with Israel
Oil prices climbed on Monday morning after Iran fired missiles at Israel for the first time since a fragile ceasefire was agreed in April. Brent crude jumped 2.6% to $95.50 a barrel, while US crude rose 2.5% to $92.75. The strikes threaten to further disrupt oil and gas shipments through the Strait of Hormuz.
Logistics Hormuz Ceasefire Collapses After US-Iran Strikes, Tanker Hit Leaves 3 Missing
The fragile ceasefire in the Strait of Hormuz has completely broken down following fresh US-Iran attacks. A US strike on the product tanker Settebello off Oman left three seafarers missing and one injured, while Iran claimed strikes on two tankers. The IMO condemned the attacks, reporting 43 verified incidents since late February.
Crude Oil Prices Dip Amid Middle East Tensions
Crude oil prices saw a slight decline as Hezbollah rejected a US-backed ceasefire proposal in Lebanon, impacting global supply routes. Despite this, oil prices recorded a weekly gain due to ongoing Middle East tensions.
Commodities Crude Oil Futures Rise Amid Middle East Tensions
Crude oil futures increased following Hezbollah's rejection of a ceasefire between Israel and Lebanon, affecting US-Iran negotiations. Brent and WTI futures saw modest gains, while geopolitical tensions and supply disruptions continue to influence the market.
Commodities Crude Oil Futures Dip on US-Iran Ceasefire Extension Hopes
Crude oil futures fell amid reports of a potential US-Iran ceasefire extension. Brent and WTI futures saw declines, influenced by geopolitical developments and inventory data.