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2 Tankers Damaged After Torpedo Attack Near Strait Of Hormuz; Oil Soars

Update 3: Managers at the companies that own the tankers have weighed in on Thursday's attacks. The manager o.....»»

Category: blogSource: zerohedgeJun 13th, 2019

BP has no plans to take its own tankers through Hormuz

BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels, the British company's Chief Financial Officer Brian Gilvary said on Tuesday......»»

Category: topSource: reutersJul 30th, 2019

Market Snapshot: Stocks close lower as Fed seen signaling only modest rate cut, Iran seizes tankers

U.S. stocks closed lower Friday following a report that Federal Reserve officials would only cut interest rates by a quarter percentage point in late July, and after Iran said it seized a British-flagged oil tanker in the Strait of Hormuz......»»

Category: topSource: marketwatchJul 19th, 2019

West Africa Is Becoming The World"s New Piracy Hotspot

As fears continue to mount of a military clash between the U.S. and Iran, the Strait of Hormuz has swiftly become one of the most dangerous areas worldwide for commercial shipping. Two weeks ago, two tankers were allegedly attacked by .....»»

Category: blogSource: zerohedgeJun 29th, 2019

U.S. oil prices settle higher for the session, down for the week

U.S. oil futures scored back-to-back session gains on Friday, as attacks on oil tankers near the Strait of Hormuz a day earlier raised risks to the glob.....»»

Category: topSource: marketwatchJun 14th, 2019

Market Extra: Strait of Hormuz: Oil ‘choke point’ in focus as U.S.-Iran tensions rise following attacks on tankers

The Strait of Hormuz is in focus Thursday after attacks on two oil tankers near the Middle Eastern waterway amid heightened tensions between the U.S. and Iran. Here’s why it’s the world’s most sensitive crude transportation checkpoint......»»

Category: topSource: marketwatchJun 14th, 2019

Asian shares mixed over concerns about oil tankers, trade

Asian shares were mixed Friday as investors weighed a variety of factors, including alleged attacks on two tankers in the strategic Strait of Hormuz and lingering worries about trade conflict between the U.S. and China......»»

Category: topSource: foxnewsJun 14th, 2019

Asia Markets: Asian markets mostly lower as global tensions rise on apparent oil-tanker attacks

Asian markets were mostly lower Friday as oil prices surged following apparent attacks on two tankers near the Strait of Hormuz......»»

Category: topSource: marketwatchJun 14th, 2019

Asia Markets: Asian markets mixed as global tensions rise on apparent oil-tanker attacks

Asian markets were mixed in early trading Friday as oil prices surged following apparent attacks on two tankers near the Strait of Hormuz......»»

Category: topSource: marketwatchJun 13th, 2019

Trump Today: Trump Today: President says too early for Iran deal as U.S. blames Tehran for tanker attacks

President Donald Trump on Thursday said it’s too early to make an agreement with Iran, as the U.S. blamed Tehran for attacking two tankers in the Strait of Hormuz......»»

Category: topSource: marketwatchJun 13th, 2019

Oil Tanker Attacks Near Iran Put the Squeeze on an Unexpected Party: Japan

Two tankers were reportedly attacked in the Gulf of Oman on Thursday. The Strait of Hormuz, the world’s most important oil chokepoint,.....»»

Category: europeSource: fortuneJun 13th, 2019

Two Japan-Bound Tankers Reportedly Attacked Near Strait of Hormuz

The attacks are the latest in a string of incidents in the Strait Two oil tankers near the strategic Strait of.....»»

Category: europeSource: fortuneJun 13th, 2019

Two Japanese Oil Tankers Reportedly Attacked Near Strait of Hormuz

The attacks are the latest in a string of incidents in the Strait Two oil tankers near the strategic Strait of.....»»

Category: europeSource: fortuneJun 13th, 2019

Futures Movers: Oil prices surge after two tankers reportedly attacked near Strait of Hormuz

Gains for oil were in contrast to a weak session on Wednesday that saw crude close at five-month lows. Reports of fresh tension in the Gulf of Oman were driving prices higher Thursday......»»

Category: topSource: marketwatchJun 13th, 2019

Futures Movers: Oil climbs as attacks damage Saudi tankers, but U.S. stock market ‘meltdown’ limits price gains

Oil futures climb Monday after Saudi Arabia said two of its crude tankers were attacked near the Strait of Hormuz over the weekend, raising risks to the flow of oil in the Middle East, but steep declines in the U.S. stock market keep a cap on price gains......»»

Category: topSource: marketwatchMay 13th, 2019

Saudi Aramco halts oil shipments in key strait after attack

Saudi Arabia's state-owned oil company says it's temporarily halting shipments through a strategic Red Sea shipping lane after Yemen's Shiite rebels attacked two tankers the previous day......»»

Category: topSource: foxnewsJul 26th, 2018

Take an inside look at the damaged Saudi oil facility

President Trump said he's imposing even tougher sanctions on Iran, after blaming it for the attack on Saudi Arabian oil facilities. But Mr. Trump said he doesn't want to order a military strike. Ian Lee toured the facilities that were attacked......»»

Category: topSource: moneycentralSep 21st, 2019

Oil slips on trade fears but soars in week after Saudi attack

Oil slips on trade fears but soars in week after Saudi production attacked.....»»

Category: topSource: moneycentralSep 20th, 2019

Oil slips on trade fears but soars in week after Saudi production attacked

Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend......»»

Category: topSource: reutersSep 20th, 2019

Gold Soars on the Saudi Oil attacks: Can it last?

On the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have... The post Gold Soars on the Saudi Oil attacks: Can it last? appeared first on ValueWalk......»»

Category: blogSource: valuewalkSep 17th, 2019

Oil soars after attack on Saudi facilities, stocks dip

Oil prices soared on.....»»

Category: topSource: reutersSep 16th, 2019