Khor Fakkan
Coverage of Khor Fakkan in the Nexus archive.
- North Sea Oil Plunges After Iran Says Strait of Hormuz Reopened
North Sea oil prices dropped following Iran's announcement that the Strait of Hormuz has reopened. The Strait of Hormuz, a critical global oil shipping route, had previously been closed, leading to supply concerns. A file photo from March 11, 2026, shows tankers and cargo ships queuing in the strait.
- Why Oil Futures Are Trading Way Below Real-World Prices
Oil futures are trading significantly below real-world prices, highlighting a market anomaly. The article references ships queuing in the Strait of Hormuz, a critical global oil transit chokepoint, amid ongoing geopolitical tensions.
- Oil prices may be starting to come down for a worrisome reason
Oil prices may be declining due to concerns over supply chain disruptions in the Strait of Hormuz. The article highlights oil tankers and cargo ships gathering in the strategic waterway near the United Arab Emirates on March 11, 2026.
- Iran Weighs Pausing Its Hormuz Shipping to Avoid Derailing Talks
Iran is considering temporarily halting shipping through the Strait of Hormuz to prevent disrupting ongoing diplomatic talks. The strategic waterway, located near Khor Fakkan in the UAE, remains critical for global oil transportation.