World oil prices jumped 1% after an oil slick from a Russian tanker carrying over 8 barrels began spreading to the coast of Oman, exacerbating the Hormuz crisis.

Fluctuating daily! Oil prices surged to $83.29 per barrel after Iran proposed imposing a 5-7% tariff on the value of goods, with fines up to 20% for violators.

"Global oil prices" surged more than 3% after Iran launched missile attacks on US forces in the Middle East, while the US and Saudi Arabia retaliated by attacking military bases in Iraq.

Global oil prices plunged more than 6% after the US and Iran suspended attacks over the weekend, boosting hopes of a potential resolution to the conflict through negotiations.

Global oil prices plunged more than 5% after the US and Iran halted attacks over the weekend, sparking hopes of a potential resolution to the conflict through negotiations, despite restrictions on shipping through the Strait of Hormuz.

Goldman Sachs warns that Brent crude oil prices could surge above $120 per barrel in the fourth quarter if oil shipments through the Strait of Hormuz remain disrupted.

"Global crude oil prices" continue to fall, with Brent nearing $76 after the lifting of lockdown restrictions on oil. Trump urged a price reduction at gas stations and ordered the Justice Department to investigate allegations of consumer protection practices.

Goldman Sachs forecasts that oil prices through the Hormuz pipeline will only recover to 70% of pre-war levels, as major oil-producing countries accelerate investment in alternative pipelines and ports.

Global oil prices plunged more than 4% to their lowest level since April after Trump canceled plans to attack Iran and signaled that a peace deal could be reached by the end of the weekend.

Japan expects crude oil imports to rebound to 1.7 million barrels per day in May, as refineries accelerate the procurement of oil from the United States and Saudi Arabia via alternative routes.