Oil dips as investors weigh deal on Iran war as uncertainty persists on Hormuz
By Yuka Obayashi and Jeslyn Lerh SINGAPORE, June 17 (Reuters) - Oil prices inched lower on Wednesday, extending the previous session's declines as investors assessed the U.S.-Iran peace deal, though uncertainty over the full resumption of shipping through the Strait of Hormuz limited further falls.
Global Oil Prices Rise as Fresh U.S. Strikes on Iran Cast Shadow Over Trump's Promised Peace Deal
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.
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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 ...
MarketWatch
Global oil prices top $95 a barrel and log best day in a month despite Trump saying peace talks with Iran have resumed following a pause
Oil prices ended sharply higher on the first trading day of June after President Donald Trump said U.S.-Iranian peace talks had resumed following a pause on Monday morning, when Iran reportedly suspended all exchange of negotiation messages with the U.S ...
Trump says the Strait of Hormuz is reopened. But most ships are staying put
President Donald Trump says the vital Strait of Hormuz has been reopened under terms of an agreement reached Sunday with Iran. Shipping industry sources aren’t so sure.