Oil Prices Head for Weekly Gain as Hormuz Attacks Rattle Markets
Crude oil prices were on course to book a weekly gain earlier today, amid continuing Iranian strikes on…
Oil Jumps 2% as Iran Steps Up Attacks on Hormuz Tankers
Brent crude swung back above $100 per barrel today as reports flow in about increasingly frequent Iranian attacks…
Oil Prices Reverse Course as Traders Watch US-Iran Diplomacy
Crude oil prices, which had been falling since last week, today reversed course and made gains ahead of…
Oil Prices Surge as Middle East Attacks Continue and Diplomacy Stumbles
Oil prices initially jumped by over 3% in early Asian trade on Monday as fears of a major…
Oil Prices Rally as U.S. Targets Iranian Tankers in New Escalation
Oil prices climbed once again in early Asian trade on Wednesday as the U.S. and Iran traded strikes…
Oil Prices Climb as Trump Threatens New Strikes on Iran
Crude oil prices extended their earlier climb after President Trump issued his latest threat to Iran, following the…
Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’
Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and…
Oil Prices Rise for Fourth Day as Hormuz Traffic Slows
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via…
Hormuz Tanker Traffic Slows to a Trickle
Tanker traffic via the Strait of Hormuz slowed further over the weekend, maintaining upward pressure on oil prices.…
Oil Prices Climb as U.S.-Iran Peace Hopes Fade
Crude oil prices moved higher today as the chances of a lasting peace between the United States and…
Oil Prices Plunge 5% as Trump Halts Iran Strike Plans
Oil prices fell sharply in early Asian trade on Monday after President Trump called off another round of…
Oil Prices Head for 20% Monthly Surge Despite Recent Pullback
Crude oil prices have been trending lower over the past couple of days, but the benchmarks are on…