Crude oil prices have skyrocketed since the start of the Iran war, only dropping slightly when Trump announced a ceasefire on April 7. Ahead of the ceasefire expiring on April 22, Trump said that he expected the U.S. was "going to end up with a great deal" with Iran, saying he thinks Iran has "no choice" (1). Instead, he ended up extending the ceasefire. But Iran's recent seizure of two ships in the Strait of Hormuz has put that ceasefire on shaky ground (2). Must Read Brent crude oil prices are back ov ...

Crude oil prices neared $100 again on Thursday, as tanker traffic through the Strait of Hormuz remains very low with no clear pathway to fully reopen the vital sea lane. International benchmark Brent for June delivery surged nearly 5% to close at $99.39 per barrel. West Texas Intermediate crude for May rose almost 4% to settle at $94.69 per barrel. Just a few oil tankers are passing through the strait daily as the U.S. Navy blockades Iran's coast and Tehran threatens to retaliate against ships in the Persia ...

油价预测调整 - 一家大型银行将短期布伦特原油价格预测上调10美元/桶至76美元/桶 [1]