Tag: Oil prices

UN halts Strait of Hormuz evacuation after cargo ship attacked

International June 26, 2026 at 14:56

Evacuation paused over safety concerns The UN's International Maritime Organization (IMO) has paused the planned evacuation of more than 11,000 sailors stranded in the Strait...

Oil prices return to pre-Iran war levels

International June 25, 2026 at 16:50

Crude prices fall as shipping resumes The price of oil has fallen to levels not seen since before the Iran war as traffic through the...

Over 60 million barrels of oil flow to Asia after Strait of Hormuz reopens

Economy June 19, 2026 at 12:27

Crude oil shipments to Asia from the Middle East are expected to accelerate in the coming weeks, as more than 60 million barrels of...

Smuggling fuel from Iran provides risky livelihoods

International June 17, 2026 at 10:39

Dangerous journeys across Pakistan The bikers battling extreme heat and armed conflict to smuggle Iranian fuel to Pakistan Mazaar's small motorbike is so laden with plastic...