Helima Croft

3 results

Two oil tankers near the strategic Strait of Hormuz were reportedly attacked on Thursday as  the U.S. Navy rushed to assist amid heightened tensions between Washington and Tehran. Photograph: ISNA/AP

The Strait of Hormuz, sometimes described as the world’s most important oil choke point, is a gateway for almost a third of all crude oil and other pe(...)

A handout photo made available by Iran’s official state TV (IRIB) allegedly shows the crude oil tanker Front Altair on fire in the Gulf of Oman, June 13th 2019. Photograph: IRIB/EPA

Two oil tankers were severely damaged by attacks in the Gulf of Oman on Thursday that sparked a 4 per cent surge in crude prices and put the energy in(...)

An oil tanker off the port of Bandar Abbas. Iran is believed to be storing at least 30 million barrels of oil on its fleet. Photograph: Atta Kenare/AFP/Getty

Oil prices have come under fresh pressure after the historic deal on Iran’s nuclear programme raised the prospect of the country being allowed to i(...)