Goldman Sachs has lowered its oil price forecasts after the emerging US-Iran peace agreement increased expectations that energy exports through the Strait of Hormuz will return to normal more quickly
Goldman Sachs has lowered its oil price forecasts after the emerging US-Iran peace agreement increased expectations that energy exports through the Strait of Hormuz will return to normal more quickly
Oil prices fell to their lowest level in three months on Monday after the United States and Iran finalised a memorandum of understanding aimed at restoring shipping through the Strait
Markets reacted positively after US President Donald Trump signalled that the US naval blockade of Iran would be lifted, raising hopes that a formal peace agreement could be imminent and
Operating and financial update
Drivers avoided filling up at petrol stations last month as soaring fuel prices triggered by the Iran conflict prompted motorists to delay purchases, according to the AA.
UK fuel prices have started rising again following last week’s sharp surge in oil markets, which briefly pushed crude prices to their highest level in four years.
The Strait of Hormuz has witnessed its first successful transit by a vessel operated by a major Western shipping line, marking a significant development amid an increasingly critical global supply
Iran has reimposed restrictions on the Strait of Hormuz, citing the continued US naval blockade of its ports, according to state media.
US equities fell at the open on Tuesday after Donald Trump warned that a “whole civilisation will die tonight” unless Iran complies with US demands.
KEFI Gold and Copper (AIM: KEFI), the exploration and development company focused on gold and copper projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia,
Donald Trump has warned that the US will target additional Iranian infrastructure if the Strait of Hormuz is not reopened before Monday, escalating pressure on Tehran as the conflict intensifies.The
Donald Trump has warned he will unleash “all hell” on Iran if it fails to comply with US demands within the next 48 hours, as tensions in the Middle East