Iran Conflict

1 min read

Brent Surges Past $115 as Middle East Conflict Deepens and Supply Risks Intensify

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Global oil markets are on edge as Brent Crude surged above $115 per barrel, driven by escalating tensions in the Middle East. The spike follows intensifying conflict involving Iran, Israel, and regional actors, raising serious concerns about prolonged supply disruptions. The situation worsened after Iran rejected a US-backed peace proposal, signaling a widening diplomatic rift. […]

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Pakistan-Bound Oil Tanker Successfully Passes Through Strait of Hormuz Amid Rising Regional Tensions

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An oil tanker carrying crude oil to Pakistan has successfully passed through the strategic Strait of Hormuz and is now heading toward the country, according to ship-tracking data cited by Bloomberg. The development comes at a time of heightened tensions in the region following military actions involving Iran. Shipping activity in the Persian Gulf has […]

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