×
×
Thursday
13
Aug 2026
weather symbol
Athens 27°C

> oil

> oil

The War of the Straits: 3+1 chokepoints are reshaping the map of global shipping

Hormuz, Bab el-Mandeb, Suez and the Black Sea are increasing distances for ships, fuel costs, insurance premiums and freight rates, and are altering the geography of energy flows

Oil plunges more than 8% after pause in US strikes on Iran – Brent falls below $90

Oil prices dropped to their lowest levels in more than a week after the suspension of US attacks on Iran rekindled hopes for a de-escalation of the crisis

Oil prices plunge as tensions between the US and Iran ease

Markets see a window for renewed talks after a second consecutive night without new US strikes on Iran or Iranian retaliation

The plan for cheaper petrol and diesel this summer: curbing fuel price hikes with a discount at the pump

Athens is preparing a temporary discount on petrol and diesel as renewed U.S.-Iran tensions push Brent above $76 a barrel, with Greece's two refineries funding the scheme, expected to run until the end of August

Load more