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Oil: Brent Hits $96 Again — Vance Says Shipments Through Hormuz Have Been Restored

Summary by sofokleous10.gr
Oil prices are heading for their biggest weekly gain since July, as the renewed escalation in U.S.-Iran tensions has heightened concerns about prolonged disruptions to energy flows through the Strait of Hormuz. Brent crude is trading near $96 a barrel by sofokleous10..gr

11 Articles

Right

Escalating US-Iran hostilities reignite fears of prolonged disruptions to energy flows, with Brent rising more than 7% this week

·Marousi, Greece
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US Vice President JD Vance said on Thursday that oil flow through the Strait of Hormuz has almost returned to pre-Iran war levels, suggesting Tehran has essentially lost control of the waterway.

·Tallinn, Estonia
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The Vice President of the United States, JD Vance, said on Thursday that the oil flow through the Strait of Ormuz had returned almost to the pre-war levels with Iran. Vance also minimized the regular clashes in the region, six months after the beginning of hostilities. Trump's Strait, and not Ormuz's? What explains Trump's strange obsession with rebaptizing places and monuments? Lake, airport, Gulf and even Ormuz: See places that were already re…

·Rio de Janeiro, Brazil
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New York (IPS) - US Vice President JD Vance has claimed that oil shipments through the Strait of Hormuz have been restored and oil shipments have reached near pre-war levels. According to JD Vance, 1.5 billion barrels of oil passed through the Strait of Hormuz yesterday, while Iran’s Strait […]

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Globo broke the news in Rio de Janeiro, Brazil on Thursday, September 3, 2026.
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