Strait of Hormuz Oil News

Latest Articles

• Middle East Ceasefire Offers Glimmer of Hope as New Zealand Diesel Prices Hit Record Highs

  Published: Apr 9, 2026

  Section: Companies & Industry

  New Zealand motorists are facing unprecedented costs at the pump, with diesel prices eclipsing $4 per litre in several regions following a major global fuel crisis. While a recentl...

• Trump Announces Major "Energy Gift" from Iran Amid Peace Negotiations

  Published: Mar 25, 2026

  Section: Politics & Debate

  On Tuesday, March 24, 2026, President Donald Trump informed reporters that Iran had made a significant energy-related concession to the United States. While specific details remain...

• Eni Boosts Shareholder Returns and Strategy Amid Middle East Energy Crisis

  Published: Mar 19, 2026

  Section: Banking & Finance

  Italian energy multinational Eni SpA announced a significant update to its five-year strategy on Thursday, raising its shareholder distribution target and introducing a "windfall"...