Energy markets
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
U.S.-Iran conflict news
Read verified news on BetaVoices covering U.S.-Iran conflict, with reporting, context, and related developments.
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- Markets Oil slides, stocks climb on hopes for U.S.-Iran deal Brent crude briefly fell to about $97 a barrel before recovering above $100 as traders reacted to reports of a possible agreement and Tehran’s pending response
- Iran conflict Iran says war has cost two million jobs as Hormuz disruption bites A weakly captured live-update summary points to a continuing U.S.-Iran standoff in the Strait of Hormuz, while BBC reporting details widening layoffs across Iran’s economy