Oil prices news, events & figures

Asian stocks slide as tech sell-off and Middle East strikes unsettle markets

Asian and European markets fell as tech shares sold off and renewed Iran-Israel strikes pushed oil prices higher before Brent eased back.

Oil jumps as Iran says it targeted U.S. airbase after new strikes

Oil prices climbed Thursday as renewed U.S.-Iran hostilities raised fresh concern over shipping through the Strait of Hormuz, a vital energy route.

Modi urges Indians to cut gold buying and foreign trips as rupee pressure builds

Narendra Modi has asked Indians to curb gold purchases, fuel use and foreign travel as higher oil costs strain the rupee and India’s foreign balances.

Oil Prices Climb as U.S.-Iran Cease-Fire Wobbles

Oil prices rose as President Trump cast doubt on the U.S.-Iran cease-fire and investors grew more cautious about the conflict’s economic impact.

Iran Says It Will Keep Fighting After Trump Rejects Peace Offer

Trump rejected Iran’s latest peace response as unacceptable, prolonging uncertainty over the Strait of Hormuz and global energy supplies.

Oil Rises as U.S.-Iran Deal Prospects Fade

Oil prices rose and stock futures slipped as hopes dimmed for a U.S.-Iran deal to end hostilities and clashes continued near the Strait of Hormuz.

Oil rises as US and Iran trade fire in Strait of Hormuz

Oil prices rose after US and Iranian forces exchanged fire in the Strait of Hormuz, testing a fragile ceasefire in a key global energy route.

Oil retreats as U.S. says Iran ceasefire still holds

Oil prices fell Tuesday after U.S. officials said the Iran ceasefire remained intact, easing fears of a wider conflict near the Strait of Hormuz.