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Oil prices are set for their fourth consecutive weekly loss due to the reopening of the Strait of Hormuz and increased oil flows, with Brent and WTI crude trading in the low $70s per barrel.

The article discusses 8,000 sailors stranded in the Persian Gulf, but lacks direct market implications.

Crude oil prices tracked toward a fourth week of declines after slipping Thursday morning. WTI futures hit their lowest levels …

Brent crude has fallen more than 20% in the past month, sliding from triple digits during the worst of the …

The Panama Canal sees a revenue boost due to the Iran conflict, as ships seek alternative routes, positively impacting Panama's economy.

The CEO of NYK, Takaya Soga, warns that mines in the Strait of Hormuz will significantly restrict shipping for months, limiting safe routes and reducing traffic to half of pre-war levels.

The US has carried out a second day of strikes against Iran, escalating tensions and dealing a blow to hopes of a sustained ceasefire, which may lead to increased volatility in oil and geopolitical-sensitive assets.

A devastating earthquake in Venezuela has resulted in nearly 1,000 deaths, with concerns that the official casualty figures are underreported.

August WTI crude oil futures kept falling sharply during the week ending June 26. Traders continued to take out the …

Oil prices have declined to pre-war lows in June, potentially isolating a key risk for the second half of the year, with stocks not yet responding to this move.

U.S.

Oil prices experience a slight increase as investors monitor U.S.-Iran developments, with Citi noting a potential decrease in conflict-related 'overhang'.