Oil prices rise again
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Brent, the international oil benchmark, reached $87 per barrel on Tuesday after Trump said he'd impose a 20% toll on ships in the Strait of Hormuz.
Just 13 ships passed through the Strait of Hormuz on Wednesday, the first full day of the reinstated U.S. naval blockade on maritime traffic to and from Iranian ports in the vital
Global oil prices on Tuesday notched their largest two-day rise since mid-March, buoyed by further escalation in the U.S.-Iran conflict.
Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
By Ishaan Arora and Emily Chow SINGAPORE, July 14 (Reuters) - Oil prices rose nearly 3% on Tuesday to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz,
Gasoline prices rose for the first time in nine weeks amid renewed geopolitical tensions. As of July 13th, weekly gasoline prices were up 8 cents for regular and
Stock futures pointed in different directions Tuesday as rising energy prices, bank earnings, and key inflation data competed for investor attention
By Harry Robertson and Rodrigo Campos LONDON/NEW YORK, June 29 (Reuters) - A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.
With the U.S.-Iran truce seeming to fall apart, crude oil prices were on the rise, an indication that gasoline prices likely will follow suit.
The price of crude oil surged again with benchmark Brent rising for a second straight day to more than $87 per barrel, and U.S. crude blowing past $80.
