Oil Prices
8 articles
US Futures Rise as Deal Reopens Strait of Hormuz
Just hours after the global Brent oil benchmark price briefly surged to nearly $103 a barrel, news of a US-Iran deal to reopen the Strait of Hormuz sent crude prices plummeting.
India's trade deficit narrows amid US-Iran deal impact
India's trade deficit marginally narrowed in May, defying forecasts for a wider gap, Bloomberg reports.
US Strikes Iran Spark Oil Price Volatility Amid Gulf Tensions
Brent crude futures initially surged following US strikes in Iran, but then dipped, signaling market volatility amid Gulf tensions.
Stocks slip as Mideast flare-up lifts oil prices and yields
Brent crude oil jumped 3.
Stock Market Climbs as Iran Peace Hopes Ease Supply Fears
Micron Technology shares surged 11.
Stocks Fall as Hormuz Deadlock Sends Oil Prices Soaring
Despite Iran's Foreign Minister Abbas Araghchi declaring the strategic Strait of Hormuz 'completely open' on Friday, global oil prices surged and stock markets fell, signaling deep market skepticism.
Iran's uranium stance sends Brent oil prices surging near $103
The global Brent oil benchmark price surged almost 3% to nearly $103 a barrel today, directly in response to Iran's latest uranium stance.
Iran media reports US oil sanctions waiver, impacting prices
Oil prices briefly pared earlier gains and bonds rose after Iranian media reported a proposed US waiver on oil sanctions, a claim the US has not confirmed.