Energy Policy and OPEC

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Strait of Hormuz Under Daily Scrutiny: Any Sign of Easing Could Instantly Drop Oil by $8

The Strait of Hormuz remains the central focus of daily monitoring in oil markets; any sign of a partial reopening or US-China dialogue regarding Iranian sanctions would absorb the risk premium and trigger a swift decline in crude prices.

8/24/2026
News

Bessent Holds Press Conference on Iran Sanctions as Markets Await Targeting of Iranian Oil Sold to China

The U.S. Treasury Secretary holds a press conference on Iran sanctions, amidst anticipation of secondary sanctions targeting China's imports of Iranian oil that could ignite an immediate surge in crude prices.

8/24/2026
News

Hormuz Crisis Keeps Oil Above $94 and Redraws Global Energy Supply Map

Brent holds firm at $94 due to the ongoing Hormuz disruption since February, which impedes 25% of global oil, while Iran-Oman talks offer partial de-escalation without a radical solution.

8/23/2026
Energy Policy and OPEC | 60 Arabia