Hormuz Uncertainty

Australia's Defense Minister Marles on Hormuz Uncertainty

Oil prices: Crude rises amid uncertainty over US-Iran negotiations & Hormuz reopening

Oil prices increased slightly on Tuesday amid ongoing uncertainty over talks between the United States and Iran and speculation around the potential reopening of the Strait of Hormuz, one of the world's most critical energy transit routes. Brent crude futures rose by 0.06% to $95.04 a barrel, while US West Texas Intermediate declined slightly by 0.18% to $91.99 a barrel in early trade. Oil markets held on to most of the previous session's strong gains after sharp fluctuations driven by...

Strait of Hormuz Traffic Remains Thin Amid Peace-Deal Uncertainty

People walk on the shoreline in the Strait of Hormuz, where cargo and service vessels are anchored off Bandar Abbas, Iran, on June 1, 2026.

Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

The uncertainty has weighed heavily on the 20,000 seafarers trapped in the Iran war zone.

Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

The uncertainty has weighed heavily on the 20,000 seafarers trapped in the Iran war zone.

Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

The uncertainty has weighed heavily on the 20,000 seafarers trapped in the Iran war zone.

Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

Oil prices may average at around $87 per barrel in 2026 as the reopening of Strait of Hormuz in the coming months would ease crude supplies globally, says Fitch Ratings. Global oil markets are likely to move back into surplus once shipping through the Strait of Hormuz resumes, despite the sharp rise in prices caused by the closure of the key maritime route, the report says. “Oil prices will be lower if Hormuz reopens earlier.

The strait may reopen, but global confidence may not return

The strait may reopen, but global confidence may not return The next phase of the Strait of Hormuz crisis may be defined less by its closure and more by conditional access. United States President Donald Trump’s claim that a deal to reopen the Strait of Hormuz has been largely negotiated may calm markets temporarily. But the deeper significance of the current crisis lies elsewhere.

Commentary: Iran war has raised inflation risks. Why are Asian economies still growing?

Commentary: Iran war has raised inflation risks. Why are Asian economies still growing? For all the attention on inflation, the bigger surprise this year may be how resilient the region has been, says DBS chief economist Taimur Baig.

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests

Another big jobs report in May has pretty much swept aside the possibility of interest rate cuts anytime soon — and in the process underscored the tricky policy path ahead for new Federal Reserve Chair Kevin Warsh. The chance of rate reductions already had been on life support heading into Friday's nonfarm payrolls report. But the unexpectedly strong gain of 172,000, compounded by sharp upward revisions for prior months, makes the case for policy easing even weaker, particularly considering...