Oil Rises on Trump’s Iran Threats and New Strikes Across Middle East
The attacks, which strained a two-month cease-fire between Iran and the United States, were the latest jolt to energy markets.
Oil prices keep swinging, and so do stocks worldwide
Oil prices and stock markets worldwide swung through a shaky Monday with uncertainty about what will happen with the Iran war. The S&P 500 swiveled between gains
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of’ lows
Oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East. West Texas Intermediate crude surged 7% to about $94 a barrel and Brent climbed 6% to roughly $97,
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Oil Prices Rise After U.S. Strikes on Iran
U.S. stocks rose May 26, with the S&P 500 up 0.4%, after President Donald Trump said negotiations with Iran were “proceeding nicely.” The price for a barrel of Brent crude, the international standard, rose 4% to $97.14. Most big U.S. companies have ...
Oil prices fall after U.S. Energy secretary says Hormuz ship traffic is increasing
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
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Rupee set to jump after oil sinks on Iran-US breakthrough hopes
The Indian rupee is set to climb at open on Friday, buoyed by a retreat in crude prices after U.S. President Donald Trump signalled that a deal with Iran is imminent, a development that could soften a persistent pressure point for the currency.
Trump again has a key Iranian oil hub in his sights. Here’s what we know about Kharg Island