United States Brent Oil Fund
Asia-Pacific markets open mostly higher as a fragile Iran-U.S. ceasefire keeps investors on edge
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source
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The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
The Strait of Hormuz has not opened to ship traffic after the U.S. and Iran agreed to a two-week ceasefire, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Thursday. “This moment requires clarity,” said Sultan Ahmed Al Jaber in a social media post. “So let’s be clear: the Strait of Hormuz […]
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‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon
Cargo vessel, Ali 25, in the Gulf, near the Strait of Hormuz on March 22, 2026 in northern Ras al Khaimah, United Arab Emirates. Getty Images The U.S. and Iran’s “fragile truce” has lifted hopes that a full reopening of the Hormuz Strait can end the energy supply crunch that threatens to cripple the global […]
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