#oil prices
articles
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...
Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening
Brent crude rose 1% to $84.39 after Iran said the Strait of Hormuz will only reopen once the U.S. meets conditions inclu...
FTSE 100 Falls Short of Record as US Jobs Data Fuels Rate-Cut Hopes
The FTSE 100 slipped after nearing an all-time high, while a softer US payrolls report lifted Wall Street but left Europ...
Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars
The Strait of Hormuz closure after the US-Iran conflict handed Exxon, Chevron, BP, Shell and TotalEnergies a combined $4...
Trump Rules Out Force, Bets on Economic Squeeze as Hormuz Deadlock Rattles Oil Markets
US President signals a quieter approach on Iran, highlighting sanctions-driven inflation and currency collapse, while th...
Global Markets Cap a Historic Week at Record Highs as Geopolitical Optimism and Rate Hopes Converge
Stock indices from Madrid to New York set fresh records after a dramatic shift from fear to euphoria, powered by US–Iran...
Iran-Oman Hormuz Deal Near, But Tehran Demands U.S. Reparations Before Reopening Vital Oil Route
Iran signals an agreement with Oman on a new Strait of Hormuz shipping route is imminent, yet insists the waterway will ...
Paris Markets Extend Rally to Seventh Day as Hormuz Talks Raise Tensions
European stocks edged higher, led by Paris, while geopolitical uncertainty over Iran’s Strait of Hormuz conditions kept ...
Iran Sets Preconditions for Reopening Strait of Hormuz, Putting Oil Markets on Edge
Tehran's demand that the U.S. lift sanctions, withdraw troops, and pay reparations before ending the naval blockade thre...
Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety
Brent and WTI edged higher on Friday but remained on track for a second straight weekly decline of over 7% as traders wa...
Trump Teased an Iran Deal That Didn’t Come—But Markets Rallied Again. Here’s Why It Keeps Happening
The White House signaled a deal to reopen the Strait of Hormuz was hours away, sending oil prices down and stocks to rec...
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...
Peace Hopes and Profit Reports Push ASX 200 to Second Straight Record
Gold miners and healthcare stocks powered the Australian benchmark to another all-time high, as falling oil prices and s...
Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...
African Sovereign Bond Issuance Surges 70% in 2026 as Demand Defies Iran Fears
Citibank says it has helped African governments raise $6.2bn in debt so far this year, 70% more than in 2025. Improving ...
Brent Crude Drops to $78.5 on US-Iran Shipping Talks and Inventory Build
Brent crude fell over 1% to $78.50 a barrel on Wednesday, reversing earlier gains, as markets reacted to reports of US-I...
Oil Majors Book $93 Billion Q2 Profit as US-Iran War Fuels Price Surge
Oil giants including Saudi Aramco and ExxonMobil earned $93 billion last quarter — nearly double a year earlier — as the...
Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief
A 60-day Strait of Hormuz transit agreement could be announced as early as Wednesday, easing oil supply fears that have ...
Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears
The MSCI All Country World Index and European benchmarks, including Spain’s IBEX 35 above 20,000, are setting records as...
CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets
The Paris CAC 40 and major European indices touched all-time highs on optimism over a potential accord on the Strait of ...
Asian Markets Pause as Tech Rout Erases AI Rally; Oil Steady Amid Iran Peace Hopes
Asia-Pacific shares fell sharply, led by tech stocks, after disappointing AI-linked earnings and cautious US trade. Oil ...
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...
Dollar Steadies as Tech Capex Fears and Oil Shock Reshape Market Rotation
Disappointing capex numbers from Google and Tesla and a Red Sea oil spike are driving a rotation out of tech into defens...
European Shares Rally on Iran Hopes, but AstraZeneca Drags Down FTSE 100
Stoxx Europe 600 rises 0.45% as hopes grow for a US-Iran deal, while the UK's FTSE 100 slips on a 9% drop in AstraZeneca...
Dow Hits Record as Wall Street Rallies on Iran De-escalation Hopes
US stocks closed sharply higher Monday after President Trump said he would hold off on strikes against Iran, sending oil...
Iran War Buys BP Breathing Room but Complicates O'Neill's Turnaround
A wartime surge in oil and gas prices delivered BP its strongest quarter since 2022, but CEO Meg O'Neill still faces inv...
Oil Prices Rebound 1% as Iran Denies US Talks, Reviving Supply Concerns
Brent and WTI rebound after Iran's foreign ministry denies any talks with Washington, reviving fears over Gulf shipping ...
Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz
Brent and WTI hit three-week lows after Qatari mediators and U.S. Treasury Secretary Scott Bessent raised hopes a diplom...
MOEX Index Dips 0.5% as Russian Shares Fail to Extend Rally
Russia's MOEX index slipped 0.53% to 2,250.75 points in early trading, as analysts flagged a volume-unconfirmed breakout...