Oil prices plunged after President Trump canceled a planned attack on Iran to pursue diplomatic talks reopening the Strait of Hormuz. Brent crude fell 7.3% to $81.55 while OPEC+ approved production qu
President Trump threatened further strikes on Iran and a new blockade, revoking oil waivers amid Strait of Hormuz tensions. Oil prices rose as global energy flows face disruption risks following attac
A tentative U.S.-Iran peace deal reopened the Strait of Hormuz, pushing Brent crude below $80 before talks were cancelled. Concurrent Federal Reserve hawkishness and central bank rate decisions contin
The US and Iran reached an initial agreement to open the Strait of Hormuz and end hostilities, potentially allowing oil and natural gas to reach global markets. Benchmark Brent crude oil fell over $4
Oil prices surged over 3% following Iranian missile attacks on Israel, raising fears of Strait of Hormuz closures and disrupting global crude supplies. Brent crude reached $96.47 per barrel while OPEC
Oil prices jumped over 2% after US strikes on Iran dampened peace deal hopes, pushing Brent crude to $96.14 per barrel. Market tension was compounded by a 2.8 million barrel decline in US crude stockp
Oil markets face a dangerous tipping point as US-Iran tensions threaten the Strait of Hormuz, prompting IEA warnings of record inventory depletion. Analysts predict Brent crude could reach $130-$140 p
Oil prices surged amid uncertainty over US-Iran negotiations regarding the Strait of Hormuz and uranium stockpiles. Analysts warn supply tightness could persist until 2027, impacting global energy and
Brent crude dropped 2.7% to $109 per barrel after President Trump paused strikes on Iran, boosting hopes for resumed energy flows through the Strait of Hormuz. Asian stocks rose on the optimism, thoug
US and Israel launched joint strikes on Iran, causing Brent crude to surge nearly 13% and halting shipping through the Strait of Hormuz. OPEC+ approved minor production increases, but major carriers s
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