Brent

Global oil prices decline amid talks on the Strait of Hormuz

Oil prices for Brent and WTI benchmarks decreased by 0.5% amid negotiations between Iran and Qatar regarding control over the Strait of Hormuz. Investors are hopeful for a resumption of energy supplies, which had previously fallen to a quarter of…

Global oil prices continue to rise amid Middle East escalation and supply risks

Benchmark crude oil prices continue to climb on international markets. The trend is driven by worsening geopolitical tensions surrounding Iran and heightened concerns over energy supply disruptions.