Persian Gulf
3 STORIES
NEWS9H
Oil Traders Watch Hormuz Flows as Supply Risk Keeps Crude Buyers in ControlCrude oil markets remain supported after a temporary U.S.-Iran agreement expired without fresh talks, leaving the Strait of Hormuz risk premium intact. Thin ship traffic through the waterway and stronger refined product margins are keeping sellers on the defensive.
FORECASTS24D
WTI, Brent Retreat as Natural Gas Recovery Meets ResistanceCrude oil markets remain pressured as traders weigh Middle East transit risks, limited Gulf exports and technical breakdowns in WTI and Brent. Natural gas is attempting to recover, but resistance levels and strong U.S. production continue to limit bullish momentum.
FORECASTS43D
USD/ILS Trades Near 3.02950 as Israel Rate Cut and Geopolitical Risk Shape SentimentUSD/ILS is holding near 3.02950 after the Bank of Israel cut interest rates by 0.25%, pushing the pair higher in recent sessions. Traders are also watching regional tensions, with 3.00000 emerging as a key psychological support area.