Dow Jones Top Energy Headlines at 12 AM ET: Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping | Oil ...

Dow Jones06-22 12:00

Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping

Recovery hinges both on whether tankers can freely transit the strait, and if the region's oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.

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Oil Prices Rise Even After Cease-Fire in Lebanon, Resumed Hormuz Shipping

Oil was broadly steady following multiple reports that Israel had agreed to a ceasefire with the Iranian-backed Hezbollah militia in Lebanon, potentially unlocking U.S.-Iran peace talks.

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Oil Prices Settle Near Prewar Prices, Gas Falls Below $4 After Iran Deal Is Signed

Brent crude and WTI were dropping after the signing of the U.S.-Iran peace deal, with markets focusing on the prospect for a swift reopening of the Strait of Hormuz.

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Energy & Utilities Roundup: Market Talk

Find insight on Global Power Synergy, crude futures and more in the latest Market Talks covering energy and utilities.

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No Oil Demand Peak in Sight, OPEC Says

The cartel forecast demand to grow by 19 million barrels a day to around 124 million barrels a day in 2050, driven by road transportation, aviation and petrochemicals.

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Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels

The U.S. and Iran have signed peace deal that extends their cease-fire for another 60 days. Now, a series of practical steps are needed for traffic to pick back up through the shipping chokepoint.

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Saudi Aramco Weighs Expanding Storage Capacity After Iran War

Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.

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Deal Gives Iran Chance to Turbocharge Its Oil Revenue

Iran could earn more than $60 billion in annual sales, potentially helping to restore the regime's economic lifeblood.

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Energy & Utilities Roundup: Market Talk

Find insight on crude futures, oil rigs, the Strait of Hormuz and more in the latest Market Talks covering energy and utilities.

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U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks were down by 8.3 million barrels as net imports decreased and refineries ran near full capacity.

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Oil Supply Could Far Outstrip Demand Growth if Middle East Peace Deal Holds, IEA Says

Oil consumption is set to fall sharply lower before flows through Hormuz gradually normalize, setting the stage for a supply surge that could far outstrip demand growth .

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The Trump-Iran Deal Allows Tehran to Immediately Sell Oil

The agreement also waives banking and transport sanctions to facilitate transactions, an early financial benefit.

 

(END) Dow Jones Newswires

June 22, 2026 00:00 ET (04:00 GMT)

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