Energy prices rebound after reported LNG carrier attack near Hormuz

Oil Prices Rise as Ship Struck in Hormuz

Oil prices turned higher after a ship was hit by an unknown projectile in the Strait of Hormuz, sustaining damage to the bridge. Bloomberg's Mica Soellner has the context. (Source: Bloomberg)

Roundup: Shipping through Strait of Hormuz improves, but security fears persist after vessel hit

Traffic through the Strait of Hormuz is slowly rebounding, but fresh vessel attacks, disputed safe routes and unresolved governance talks keep risks high for global energy markets and shipping lanes.TEHRAN, June 26 (Xinhua) -- Shipping through the Strait of Hormuz is gradually recovering after months of disruption, but a new attack on a cargo vessel off Oman and competing claims over authorized

Oil prices rise amid uncertainty over US-Iran talks

Oil prices rise amid uncertainty over US-Iran talks Oil prices rose on Sunday as traders assessed the implications of ongoing US-Iran negotiations and the durability of the ceasefire between the two countries. According to Reuters, Brent crude futures climbed by 1.09, or 1.35 percent, to 81.66 a barrel by 22:06 GMT, after reaching an early session high of 82.30. The increase came amid continued uncertainty over future oil supplies and the outcome of diplomatic talks. Oil prices had fallen last week after several tankers successfully transited the Strait of Hormuz, easing concerns about disruptions to one of the world's most important energy shipping routes. However, market participants remain cautious as negotiations continue and questions persist over the long-term stability of the agreement.

Energy bills to stay high until end of 2027 – one thing to do now to save money

Ongoing conflict in the Middle East and uncertainty over the progress of peace talks continues to push up global energy prices

Fuel Prices in Kabul Rise by More Than 10 Percent; Sellers Blame Global Market

KABUL (Pajhwok):Fuel prices in Kabul city markets have increased by more than 10 percent compared with two days ago. Sellers attribute the rise to developments

How India averted energy crisis during Strait of Hormuz disruption

How India averted energy crisis during Strait of Hormuz disruption

Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopes

Oil prices saw an uptick as Iran's refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent declines following conflict de-escalation, analysts are revising forecasts. Meanwhile, U.S. crude and gasoline inventories dropped last week, with markets awaiting official government data. Tanker traffic through the Strait of Hormuz is reportedly recovering, easing supply disruption fears.

Global markets face selling pressure amid renewed geopolitical tensions

Escalating US-Iran tensions and risks around Strait of Hormuz drive oil prices higher, lifting bond yields and weighing on global equities

Reform of the EU Electricity Market Design: A Step in the Right Direction?

Energy prices have increased significantly since 2021 due to demand transformations in the post-Covid-19 pandemic period and Russia’s war on Ukraine adversely affecting European households and businesses. Specifically, increased energy demand attributed to a dynamic global economy rebound after the pandemic led to increased electricity prices, thereby causing the first wave of an unfolding energy [] The post Reform of the EU Electricity Market Design: A Step in the Right Direction? appeared first on Modern Diplomacy.

Hotels put luxury spin on Korean summer stamina food

Seoul's luxury hotels are competing for diners with premium takes on boyangsik, the restorative dishes Koreans have long eaten to power through the hottest weeks of the year. The tradition peaks during boknal, the three hottest days of the lunar calendar, when samgyetang, eel and croaker dishes are believed to replenish energy drained by the heat. Chobok, the first of the three days, falls on July 15 this year. The second, jungbok, falls on July 25 and the third, malbok, on Aug. 14. At Park Hyat

Oil surges 5% after Trump says ceasefire with Iran is over

WASHINGTON: Oil prices jumped Wednesday after the U.S. military launched a series of strikes against Iran in retaliation for attacks on three commercial vessels in the Strait of Hormuz, raising tensions just weeks after a fragile ceasefire reopened the critical waterway. West Texas Intermediate futures for August delivery rose 5.2 to 74.13 per barrel. Futures ... Read more The post Oil surges 5 after Trump says ceasefire with Iran is over appeared first on BOL News.

Malaysia’s nuclear footprint is bigger than many realise, stretching from rice fields to cancer wards

KUALA LUMPUR, June 30 — As conflict in the Middle East threatens to disrupt global energy markets and reignite con...

Oil surges - so why aren't traders panicking? | Morning Bid

Oil prices surge but traders aren't panicking yet as U.S.-Iran strikes escalate and Iran claims the Strait of Hormuz is closed - even as U.S. Central Command says around 20 ships got through in the last 24 hours. Meanwhile, June CPI data drops Tuesday and big bank earnings kick off a week that will test soaring tech valuations. #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Has the worst of the Hormuz crisis passed? | Counting the Cost

Shipping has picked up in the Strait of Hormuz since Iran and the United States signed an interim deal to end the US-Israel war on Iran. But a lasting recovery depends on whether the two sides can reach a final pact. And economies around the world aren't out of the woods just yet. Mines still need to be cleared. Damaged energy infrastructure must be repaired. And the economic fallout of months of disruption is still working its way through the system. Energy prices have eased, but food prices, electricity bills and inflation could take months to do so. #hormuz #straitofhormuz #iran #iranwar #unitedstates #iran #israel #globaleconomy #economy #oilprices #aljazeeraenglish

UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis

The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies. Still, the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable economies, particularly those dependent on imported oil and food, according to a new United Nations Conference on Trade and Development (UNCTAD) report [] The post UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis first appeared on Egypt Oil Gas.

Energy bills are rising. What do I do if I can’t afford to pay?

Energy bills are are set to rise with Ofgem's new energy price cap. Here's everything you need to know, including where to get help if you can't afford to pay The post Energy bills are rising. What do I do if I can’t afford to pay? appeared first on Big Issue.

(News Focus) Chip fabs, AI data centers put S. Korea's nuclear policy back in focus

SEOUL, July 13 (Yonhap) -- South Korea's energy policy is at a crossroads as the...

Wall Street mixed and oil prices jump after Iran and the U.S. trade another round of attacks

Oil prices jumped and early trading on Wall Street was mixed after the U.S. carried out airstrikes and Iran retaliated.

JUST IN: 🇮🇷🇺🇸 Strait of Hormuz threat level raised to "severe"

JUST IN: Strait of Hormuz threat level raised to severe following Iranian attacks on oil tankers despite using US Navy-protected routes.@BRICSNews

The Commodities Feed: The battle over Hormuz lifts oil prices

Further escalation in the Persian Gulf has oil prices moving higher amid renewed concerns over flows through the Strait of Hormuz

Global markets end mixed

US markets are mixed early and oil prices are rising modestly as Iran and the US launch fresh attacks in the Middle East, threatening a fragile truce. Futures for the SP 500 rose 0.1 before the opening bell Thursday, while futures for the Dow Jones Industrial Average fell 0.1. Nasdaq futures were up 0.5. The United States [] The post Global markets end mixed appeared first on Egyptian Gazette.

U.S. Revokes Waiver Allowing Sale of Iranian Oil

Oil prices jumped after the U.S. Treasury’s announcement, which followed attacks on commercial vessels near the Strait of Hormuz.

Why Micron Stock Suddenly Crashed

Single-stock leveraged ETFs were ticking time bombs. They just blew up in Korea.

G7 Climate Realism Signals Policy Progress

The June G7 Summit in Évian-les-Bains, France, marked a major pivot. Driven by severe energy and commodity shocks stemming from the conflict in the Middle East—specifically transit disruptions in the Strait of Hormuz—G7 leaders overwhelmingly prioritized energy security, affordability, price insulation, and survival of the fossil fuel supply chain over aggressive timelines for reducing greenhouse...

Oil Prices Set for More Volatility After Latest Iranian Attack on Ship in Gulf

An attack on a commercial vessel in the Strait of Hormuz on Saturday triggered another round of U.S. strikes on targets in Iran and threatened to unsettle energy and financial markets further, after a tumultuous week of hostilities around the Persian Gulf. Daily ship traffic through the strait, which normally carries a fifth of the []

Investors fear next toll fight could hit the Strait of Malacca

Iran’s push for control over the Strait of Hormuz has prompted some energy market participants to worry about the introduction of tolls on the Strait of Malacca, one of the world’s most important energy and trade choke points. It follows reports that Iran and Oman, which sit on opposite sides of the Strait of Hormuz, []...Click to read more

Current price of oil as of July 13, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.