# Oil Market
Latest news and articles about Oil Market
Total: 4 articles found
The Swiss Breakthrough: Washington Trades Oil Relief for Nuclear Access in Iran Gambit
The U.S. Treasury has issued a 60-day license allowing Iran to sell oil following successful diplomatic talks in Switzerland. In exchange, Tehran has agreed to readmit IAEA nuclear inspectors and guarantee the free flow of traffic through the Strait of Hormuz.
The Great Petroleum Pivot: How China’s Cooling Demand Stabilized Global Oil Markets
Following the US-Iran agreement, analysts are noting that China's significant reduction in oil imports acted as a vital stabilizer for the global economy. By leveraging massive strategic reserves and accelerating its green energy transition, Beijing avoided a bidding war that could have sent oil prices to record highs.
China’s Fuel Market Finds Brief Reprieve as NDRC Triggers First Price Cut of 2026
The NDRC has implemented the first domestic fuel price cut of 2026, lowering gasoline and diesel retail rates by over 500 yuan per ton. This adjustment, driven by international market fluctuations, provides immediate relief to consumers and the logistics sector after a series of price hikes earlier this year.
Iran’s New Maritime Calculus: The Strategic Squeeze of the Strait of Hormuz
Iran has transitioned to a 'selective transit' strategy in the Strait of Hormuz, allowing passage only to 'non-hostile' vessels that coordinate directly with Tehran. This maneuver has stranded thousands of ships and created a massive global oil supply gap, while rumors of a mandatory 'transit fee' continue to rattle international markets.