OPEC+ has announced a small 188,000 barrel per day hike in oil output for July. Analysts call the move a policy signal as the Strait of Hormuz remains closed.
As the regional conflict hits 100 days, U.S. forces have shot down Iranian drones in the Strait of Hormuz following a fresh barrage of missiles targeting Kuwait.
US forces have downed two Iranian drones over the Strait of Hormuz. Explore the impact of this regional conflict on global oil prices and international policy.
Tensions soar as US strikes Iranian radar sites following drone intercepts near the Strait of Hormuz. Iran retaliates with missile strikes on Kuwait and Bahrain.
Rosneft CEO Igor Sechin claims US firms benefit from the Strait of Hormuz closure amid Iran war, as global oil markets face volatility and long-term uncertainty.
Tensions soar in the Gulf as the US and Iran trade missile and drone strikes near the Strait of Hormuz, putting a fragile, months-old ceasefire to the test.