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MIDDLE EAST OIL CONFLICT
Global Market: European shares head for first monthly decline in six months as yields riseEuropean shares were set for their first monthly decline in six months as Middle East tensions, higher energy prices and rising bond yields...
Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
Oil climbs after Trump denies he is willing to ease sanctions on IranOil prices surged following US President Donald Trump's clear stance of not easing sanctions on Iran. Meanwhile, Qatar voiced optimism for ...
Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...
Rupee hits two-month low, breaches 96/USD mark as oil worries deepenThe Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...
Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
Oil prices rise for second session on continued Middle East supply concernOil prices have increased for a second consecutive session amid ongoing concerns regarding supply disruptions from the Middle East. Brent c...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
Rupee pinned just shy of 96/USD as RBI intervention counters oil woesThe Indian rupee experienced a slight dip as surging oil prices emerged from stalled diplomacy between the US and Iran. With escalating ten...
Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
Oil heads higher as US-Iran peace talks in stalemateOil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace ...
US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
Global Market: European shares edge lower as Middle East tensions, US-China talks in focusEuropean shares fell amid investor caution as tensions in the Middle East affecting energy markets persisted. Oil prices remained above $10...
Oil Price Today (September 23): Crude oil below $100 on hopes of US-Iran talks. What did Trump say?Brent crude futures fell 7 cents, or 0.07%, to $99.18 a barrel, while West Texas Intermediate futures declined 35 cents, or 0.39%, to $90.1...
Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacyThe dollar stands firm near a two-month high, driven by projections of interest rate hikes. In contrast, oil prices are retreating as optim...
Oil Price Today (September 21): Crude oil falls for 4th day, below $102. What’s triggering the fall?Brent crude futures fell $2.16 cents, or 2.1%, to $101.70 a barrel after settling 0.91% lower on Friday. US West Texas Intermediate crude d...
Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...