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“Brent slipped below the $95-per-barrel mark, while WTI fell below $90, as markets continued to react to the political fallout of the US midterm elections and the possibility of an end to the war with Iran.”

“Eight months into the US-Iran war, one lesson is clear: There is no amount of operational resilience that can shield energy infrastructure from an unresolved political conflict.”

“The climbing prices reflect anxiety about the possibility of renewed hostilities in the US war on Iran, dwindling oil stocks, and the increased costs of transporting supplies out of the region, according to market analysts.”

“Villa Vie Residences, the Florida-based operator of the MV Odyssey, said monthly fuel expenses per cabin that used to average around $1,800 (£1352) , have skyrocketed to $6,000-$8,000 (£4,000-£6,000) in parts of Asia due to the ongoing war in Iran.”

“Before the US-Israel war on Iran began on February 28, the Strait of Hormuz typically handled about 125 large commercial vessels a day and shipments through it accounted for about 20 percent of global crude and liquefied natural gas supplies.”

“Around that time, Iran claimed success in attacking ships – including US Navy vessels – near the Strait of Hormuz, saying the strikes had forced Washington to move its warships further from the Iranian coast.”

“This, coupled with the US-Israeli war on Iran that began in February, has resulted in the choking of key energy supply routes — the Straits of Hormuz and Bab al-Mandab — and energy price hikes globally.”

“British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.”

“Strait of Hormuz tensions Cooper attributed the recent increase in Iranian attacks on ships in the Strait of Hormuz to what he described as desperation within the IRGC.”

“…ven project to modernize New Brunswick forestry getting $50M boost from Ottawa - Oil markets ‘far’ from normal even as some Strait of Hormuz issues ease: TD Samsung Electronics slid 9.5 per cent and South Korean memory chipmaker SK Hynix plunged 11.1 per…”

“WTI rose to a three-week high in the prior session after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships in the Strait of Hormuz and keep oil prices high.”

“In the US, the cost of diesel hit a record $6.52 per gallon last month and prices have remained stubbornly high, leading to tensions between the US and its European allies.”

“The economy of the Middle East and Central Asia is set to shrink in 2026 amid the fallout of the US-Israel war on Iran, with countries such as Kuwait and Qatar facing double-digit contractions, according to the International Monetary Fund (IMF).”

“A recent surge in attacks on oil tankers in and around the Strait of Hormuz, alongside renewed conflict between the Iran-backed Houthis and Saudi Arabia in the Red Sea, is stoking concerns in the industry about crucial shipping lanes.”

“The prospect of Iran or Oman imposing a toll on shipping through the Strait of Hormuz in the future, and the increased use of alternative pipeline infrastructure to bypass the strait, would also add to the cost of oil and LNG, keeping upward pressure on…”

“… tanker-tracker websites, traffic through the key waterway has been steadily increasing, with some estimates putting oil and petroleum flow through the Strait of Hormuz at nearly 80 percent of what it was before the US-Israeli war on Iran began on February…”

“…re, the documents also talk about supporting construction of new pipelines to bypass the Strait of Hormuz, which would allow it to keep buying crude from, say, the United Arab Emirates and Saudi Arabia without having to worry as much about instability in…”

“The US dollar was steady near a two-month high, and oil prices spiked about 3 percent as US President Donald Trump rejected an Iranian offer to resolve the conflict and reopen the Strait of Hormuz.”

“Meanwhile, the ongoing war between the US and Iran is continuing to disrupt the global trade in refined oil and other petroleum materials, with Iran’s effective blockade of the Strait of Hormuz limiting the production and supply of fuel needed by consumers.”

“…opes appeared to weaken as traders pushed prices higher to $US106 ($151) a barrel on Monday following reports that Iran is refusing to budge on certain conditions it is seeking before agreeing to reopen the Strait of Hormuz, a critical oil and gas shipping…”

“Oil prices could resume their rally this week as US President Donald Trump over the weekend sent mixed signals about his willingness to reach a peace deal with Iran.”

“In any case, effective Iranian control of both the Strait of Hormuz and the Bab el Mandeb Strait fundamentally alters the world's energy supply equation, for the worse.”

“Ambassador to the United Nations Mike Waltz joined a series of Trump administration officials who have blamed the Russia-Ukraine War for high diesel prices, pivoting the energy markets conversation away from the war in Iran and the Strait of Hormuz.”

“Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.”

“Brent oil was quoted at 106.21 dollars a barrel in London on Friday at the time of the equity market close, down from 107.25 dollars late on Thursday on hopes of progress between the US and Iran.”

“Escalating tensions between the United States and Iran, including attacks affecting tankers and other energy infrastructure, have disrupted or restricted traffic through the Strait of Hormuz and increased fears of supply shortages, The Daytona Beach…”

“Iran could try to disrupt the US route through the Strait of Hormuz or target areas near the Omani coast where the ship-to-ship transfers are taking place.”

“He said Tehran would not allow the key shipping route, the Strait of Hormuz, to be used for aggression against his country.”

“…. maritime trade monitoring agency reported that a cargo vessel had been “stuck by an unknown projectile” in the Strait of Hormuz, a critical chokepoint for global energy supplies, which has remained at a near standstill for months as a result of the Iran…”

“The Iran war — and the energy shocks that have accompanied it — has elevated inflation globally since February, leading central banks around the world to raise interest rates.”

“Also supporting the market mood was a further drop in oil prices on hopes of diplomatic progress in the US-Iran war.”

“Oil rises slightly ahead of potential US-Iran talks AI generated NEW YORK – Oil prices gained for the first time in five sessions on Sept 22 as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after…”

“…ces slid to their lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this week’s UN meeting and eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen’s…”

“…’s International Financial Centre: official Neutrality amid US-Israel war on Iran cited as an advantage, as well as location of ports away from Strait of Hormuz Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz…”