#oil prices
articles
Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher
Brent crude has risen more than $5 a barrel this week to exceed $90 as shipping through the Strait of Hormuz remains red...
German Inflation Hits 2.8% as Fuel and Heating Oil Prices Jump
German inflation rose to 2.8% in July as fuel and heating oil prices surged after a temporary tax cut ended. Economists ...
US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance
Cooling headline and core inflation matched forecasts, yet a split Fed, weak July payrolls and a largely closed Strait o...
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...
Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes
Brent and WTI crude extended Monday’s 5% rally after attacks near the Strait of Hormuz and Houthi-linked incidents in th...
Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution
Crude prices surged after Washington demanded reparations from Tehran while Iran insisted on all its conditions being me...
CAC 40 and oil prices stabilise as Pakistan hints at US-Iran arrangement
Brent crude slips back below $88 after Islamabad signals talks are making progress, calming a jittery oil market and hel...
Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI
US stocks posted modest gains Tuesday as diplomatic signals pointed to a possible breakthrough on the Strait of Hormuz, ...
DAX Surges to Record 26,319; Markets Eye Inflation Data and Iran
German DAX hit a new all-time high, driven by easing US rate fears, strong tech earnings, and hope of Hormuz reopening, ...
DAX Hits Record Above 26,500 as Geopolitical Hopes and Oil Retreat Lift Sentiment
The German blue-chip index crossed 26,500 for the first time before closing at 26,391.42, boosted by signs of a possible...
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...
Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge
Oil futures rose Monday as talks over the Strait of Hormuz navigation remain uncertain, with Iran demanding US compensat...
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...