Trump signs deal to reopen Strait of Hormuz; oil prices sink further as critical crude shipping route set to resume

China lifts refined fuel export restrictions for July, allowing a private refiner to resume shipments after a four-month halt, trade sources say, as the world's top refiner normalizes after Iran war disruptions.

China has lifted refined fuel export restrictions for the rest of July and allowed a private refiner to resume shipments after a four-month halt, trade sources said, as the world's biggest refiner returns toward normal after disruptions from the Iran war.

Brent crude jumps more than 5% as markets assess stability of U.S.-Iran truce, signaling investor unease over potential supply disruptions in the Middle East.

Brent crude oil rises more than 5% as markets monitor the stability of the U.S.-Iran truce.

Trans Mountain reaches deal with oil shippers over pipeline fees, clearing path for potential equity sale and proposed new crude line to Asia

Trans Mountain has reached a deal with oil shippers after a prolonged dispute over fees to use its crude pipeline that feeds Asia, helping pave the way for a potential equity sale and a proposed new line to be built.