Oil posts biggest crash since 1991—but the Gulf ceasefire has two versions
Brent fell 15%. Missiles kept flying. Iran’s “open” Strait comes with a $2 million entry fee.
Browsing Tag
Strait of Hormuz shipping
4 posts
Oil swings $30 in a day as Iran turns Hormuz into a diplomatic weapon
From $120 to $90 in 24 hours: Iran named its price for reopening the world’s most critical energy chokepoint.
Brent at $100, Urals at $91: the Iran war handed Moscow its best oil week in years
Washington is fighting Iran and bankrolling Moscow at the same time.
Ukraine offers drone defense expertise to Middle East after years of fighting Iranian drones in Russia’s war
Iran has launched 800 missiles and 1,400 drones already.