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News & analysis tagged Oil Markets — diplomacy, politics, and global affairs coverage from Model Diplomat.

Iran shipped 70 million barrels of crude worth $6 billion to China during a 30-day US sanctions pause, blunting the renewed naval blockade's economic impact for months.
2026-07-20
Iran exported 70 million barrels of oil worth up to $6 billion during a brief US truce, exceeding its own revenue forecasts and exposing a structural flaw in the blockade strategy.
2026-07-20
US strikes push into Iran's Semnan missile-production heartland and turn Hormuz blockade enforcement kinetic, as the June 17 ceasefire collapses and Brent crude nears $86.
2026-07-17
Trump's Hormuz policy is not about reopening the strait — it is about owning it, and making Gulf states pay for the privilege through investment deals.
2026-07-16
The US-Iran ceasefire collapsed over who gets to charge for passage through the Strait of Hormuz, with both sides now imposing tolls that violate international law and Gulf states paying the price.
2026-07-16
The U.S. reimposes a naval blockade on Iran as the June ceasefire collapses, with war-risk insurance keeping the Strait of Hormuz economically closed and Asia burning through strategic reserves.
2026-07-16
Trump's declaration ends the US-Iran ceasefire, causing oil prices to spike.
2026-07-09
OPEC's authority is eroding as Gulf states compete for Asian oil markets.
2026-07-09
OPEC+'s July 5 production hike is a diplomatic loyalty test for Saudi Arabia.
2026-07-09
US strikes on Iran push oil prices up, revealing a complex market equilibrium.
2026-07-09
OFAC's revocation of Iran General License X sends Brent crude prices soaring.
2026-07-09
The Hormuz oil supply shock was significantly less severe than predicted.
2026-07-09
Gulf states pivot to new energy strategies as Brent crude hits $78 amid US-Iran tensions.
2026-07-09
US-Iran tensions escalate as Hormuz strikes push oil prices higher.
2026-07-08
US strikes Iran after attacks on tankers, shifting Gulf diplomacy and oil markets.
2026-07-08
Saudi Arabia's $11 cut in oil prices signals a strategic move to dominate Asian markets.
2026-07-08
Saudi Arabia's August production hike signals a shift in Gulf oil diplomacy.
2026-07-08
OPEC+ raises output quotas, but market dynamics shift power away from the cartel.
2026-07-08
US strikes on Iran push Brent crude prices above $76, signaling market instability.
2026-07-08
New Zealand's economy is resilient enough for an OCR hike amid global oil shocks.
2026-07-08
Iran's new permit system over the Strait of Hormuz reshapes Gulf oil transit.
2026-07-07
IEA's new plan mandates remote work and flight caps to address oil shortages.
2026-07-07
OPEC+ raises output by 188,000 bpd, revealing deeper Gulf political shifts.
2026-07-06
Khamenei's funeral signals a complex shift in Iran's political landscape and oil markets.
2026-07-06