Brent crude has retreated to the low $70s after surging above $120 per barrel during the closure of the Strait of Hormuz, but the sharp decline may be masking continued risks to the global oil market, according to eToro. Although prices have largely returned to pre-conflict levels, the Strait
Strait of Hormuz
Crude oil prices have continued to retreat as markets increasingly price in a peaceful resolution to the Middle East crisis and a gradual reopening of the Strait of Hormuz. Following President Trump’s announcement of an interim agreement and reports that a formal signing could take place later this week, several banks including Morgan Stanley and […]
The Federal Reserve has kept interest rates unchanged for the third consecutive time this year, maintaining the federal funds target range at 3.50% to 3.75% following its latest Federal Open Market Committee meeting. While the move was widely expected, the decision was marked by an unusual level of disagreement within the central bank, with four […]
The global oil market has once again been thrust into a period of heightened geopolitical sensitivity, with traders increasingly focused on the strategic vulnerability of the Strait of Hormuz. The narrow maritime corridor, through which roughly a fifth of the world’s oil supply transits, has become the central variable shaping price expectations for crude benchmarks, […]













