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US President Trump: Oil continues to be transported through the Strait of Hormuz.

2026-10-07

US President Trump: Oil continues to be transported through the Strait of Hormuz.

Other News
2026-10-06

Shell CEO Wael Sawan said Middle East oil flows have recovered to roughly 80% of pre-conflict levels, calling it one of the most significant assessments of export restoration to date. Speaking at the Energy Intelligence forum in London, he said: desp

Shell CEO Wael Sawan said Middle East oil flows have recovered to roughly 80% of pre-conflict levels, calling it one of the most significant assessments of export restoration to date. Speaking at the Energy Intelligence forum in London, he said: despite the disruptions, flows have now recovered to over 80% of pre-war levels, underlining regional resilience in maintaining supplies to global markets. Major banks and shipping-data firms also report flows near pre-conflict levels, but precise measurement remains disputed as many vessels frequently switch off satellite positioning signals in the Strait of Hormuz and parts of the Red Sea, complicating cargo counts.
2026-10-06

U.S. Energy Secretary Wright: The Strait of Hormuz remains a conflict zone, therefore crude oil is close to $100.

U.S. Energy Secretary Wright: The Strait of Hormuz remains a conflict zone, therefore crude oil is close to $100.
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