Oil prices news
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Stocks rally, oil drops as U.S.-Iran deal points to Hormuz reopening
Brent crude fell to about $83 a barrel and major indexes rose as investors bet a tentative framework could ease a months-long energy shock, though signing and implementation remain ahead
Oil falls nearly 4% after Wright says Hormuz traffic is rising
The U.S. energy secretary said exports through the Strait of Hormuz are increasing, but he offered no specific figures and no deal with Tehran has been announced
Oil falls as Trump says Iran deal could reopen Hormuz soon
U.S. crude and Brent moved lower Tuesday even as a recent exchange of strikes between Iran and Israel kept attention on the blocked shipping lane
Asian stocks slide as tech sell-off and Middle East strikes unsettle markets
South Korea’s Kospi triggered a trading halt after a sharp opening fall, while oil prices swung as Iran and Israel exchanged attacks
Oil jumps as Iran says it targeted U.S. airbase after new strikes
Fresh U.S. attacks in southern Iran and Iranian missile and drone activity near Kuwait and the Strait of Hormuz rattled energy markets despite a fragile ceasefire
Modi urges Indians to cut gold buying and foreign trips as rupee pressure builds
With war in Iran lifting oil costs, New Delhi is trying to curb dollar demand while avoiding the pain and politics of a sharper currency slide
Oil Prices Climb as U.S.-Iran Cease-Fire Wobbles
Trump’s warning that the cease-fire is on “life support” has added pressure to already cautious energy markets as investors weigh the war’s economic fallout
Iran Says It Will Keep Fighting After Trump Rejects Peace Offer
The latest diplomatic setback has kept pressure on energy markets and the Strait of Hormuz, with the U.S. and Iran still divided over sanctions, shipping and Tehran’s nuclear program
Oil Rises as U.S.-Iran Deal Prospects Fade
Investors reacted to stalled diplomacy and renewed clashes around the Strait of Hormuz, a chokepoint that normally carries about one-fifth of global oil supply
Oil rises as US and Iran trade fire in Strait of Hormuz
Trump says the ceasefire remains in place, but the clash in a vital energy corridor has sharpened doubts over diplomacy and shipping security