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Hormuz closure halted trade after Iran war began, CNBC data shows
A CNBC visual guide says the February outbreak of the Iran war and the shutdown of the Strait of Hormuz helped trigger a severe global energy shock
U.S. and Iran Edge Toward Deal, but War Risks Remain
Officials describe progress on a possible agreement to reopen the Strait of Hormuz and extend a ceasefire, while both sides caution that final terms are not settled
Trump rejects Iran counteroffer as Tehran vows not to ‘bow
The diplomatic setback keeps the Strait of Hormuz, nuclear demands and energy markets at the center of a widening standoff ahead of Trump’s summit with Xi Jinping
Oil slides, stocks climb on hopes for U.S.-Iran deal
Brent crude briefly fell to about $97 a barrel before recovering above $100 as traders reacted to reports of a possible agreement and Tehran’s pending response
Trump warns Iran of heavier bombing if peace deal fails
Washington expects Tehran’s response on key points within 48 hours, according to a report, as talks focus on sanctions, nuclear enrichment and the Strait of Hormuz
Why UK petrol and diesel prices are rising again
Pump prices have been pushed up by volatile oil markets and disruption around the Strait of Hormuz, with the RAC warning further increases are likely if the conflict continues
Iran warns U.S. over Hormuz ship plan as oil stays above $100
Trump says the U.S. will help guide stranded vessels out of the blocked strait, but Iran says passage must be coordinated with its armed forces
Trump says he is ‘not satisfied’ with Iran’s new peace proposal
Pakistani officials said Iran sent an updated offer as Washington faces a war powers deadline and the Strait of Hormuz standoff keeps raising global shipping costs
UAE’s Opec exit tests the cartel’s grip on oil supply
The Gulf producer wants more room to pump after years of quota limits. The move may not drive prices during the Strait of Hormuz crisis, but it could reshape the market afterward
UAE quits OPEC, testing the oil cartel’s grip on supply
The Gulf producer says it is leaving OPEC and OPEC+ to focus on national interests, a move that could matter more after current Gulf disruptions ease