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Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

Oil prices dropped by more than 3% on Friday.

Representational image. Photo: Pixabay

Asian stocks under pressure, oil near four-month low as volatility risks highlighted

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil inches down as investors focus on Hormuz flows after peace talks

Elon Musk attends the US-Saudi Investment Forum in Washington, DC, US on November 19, 2025. Photo: Reuters

SpaceX falls 16% in worst drop since IPO as market pressure builds

Representational image. Photo: Collected

Global business leaders back faster electrification shift

Secret Service police members walk down the stairs at Buergenstock Resort Lake Lucerne on the day of talks between the US, Iran, Pakistan, and Qatar at the Lake Lucerne Summit, aimed at advancing a deal to end the Middle East conflict, near Stansstad, Switzerland, June 21, 2026. Photo: REUTERS/Nathan Howard/Pool

Oil slips after US-Iran conclude talks in Switzerland

Miners are seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Picture taken July 16, 2011. Photo: REUTERS/Stringer/CHINA OUT/File Photo

China tightens indium export checks as AI demand increases

Ships and boats in the Strait of Hormuz, Musandam, Oman, on 22 April 2026. Photo: REUTERS/Stringer/File

Oil down 2% after US, Iran sign ceasefire agreement

Representational Image. Photo: Collected

Gold extends gains after US, Iran reach peace deal

A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. Photo: Reuters

Oil, gas supplies could take months to return to normal after Iran deal: Experts

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

SpaceX leadership members and guests celebrate on a balcony at the Nasdaq MarketSite on the day of SpaceX's initial public offering (IPO), in New York City, US, June 12, 2026. Photo: REUTERS/Brendan McDermid

With smooth SpaceX debut, Wall Street sets new template for mega IPOs

Representational Image. Photo: Collected

Why is gold falling despite the US-Israel-Iran conflict?