Iran’s All-or-Nothing Game in the Strait of Hormuz

Oil holds above $100, stocks fall

OIL prices held gains above $100 on Friday and most equity markets dropped after Iran’s leader called for the blocking of the crucial Strait of Hormuz and the opening up of new fronts in the war against the United States and Israel.With the conflict heading toward its third week and showing no signs of ending, investors are growing increasingly worried about an extended crisis that could fan inflation and hammer the global economy.Tehran has tar…

Iran’s All-or-Nothing Game in the Strait of Hormuz

Brent crude is set to close above $100 for the first time since 2022 as tensions around the Strait of Hormuz intensify. ICE Brent is set to settle above $100 per barrel for the first time since August 2022, undeterred by the US’ easing of sanctions on Russia and the IEA’s mulled release of strategic petroleum stocks. The closure of the Strait of Hormuz sits front and centre to any oil price outlook, with Iran already striking at least 18 vessels…

Oil holds above $100, stocks fall as Iran leader targets Hormuz

Iran’s Mountain Fortress Under Fire: Geography, Technology and New Battle for Strait of Hormuz

For decades, the strategic thinking of the Islamic Republic has been shaped by one defining reality: geography. The vast and rugged terrain of the Iranian Plateau has long served as the foundation of Iran’s national defense strategy, providing natural barriers,… The post Iran’s Mountain Fortress Under Fire: Geography, Technology and New Battle for Strait of Hormuz appeared first on The Asia Live.

Week in Review - Oil Prices Hold Near $100 as Strait of Hormuz Disruptions Persist - Mansfield Energy

Oil markets remain on edge as the Iran conflict continues to disrupt shipping through the Strait of Hormuz, pushing crude prices sharply higher this week. Brent crude briefly climbed above $100 per barrel for the first time since mid-2022, with prices surging as high as $119 earlier in the week amid attacks on tankers and threats to close the critical energy corridor. This morning, prices eased slightly as an India-flagged tanker successfully ex…

Oil holds above US$100, stocks fall as Khamenei targets Hormuz

Iran’s new supreme leader Ayatollah Mojtaba Khamenei has called for blocking the Strait of Hormuz.