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Strait of Hormuz - Page 2

Crude Prices Sink To Three-Week Low

Oil prices tumbled to a three-week low as optimism over Strait of Hormuz negotiations eased supply concerns, although markets remain alert to geopolitical developments….reports Arab Daily News Desk Global oil prices extended
August 5, 2026

Macron reaffirms efforts to reopen Hormuz

French President Emmanuel Macron said efforts were under way to reopen the Strait of Hormuz, warning that uncertainty itself could trigger shortages, a day after TotalEnergies’ chief cautioned about global energy scarcity
April 26, 2026
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