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OIL PRICES IMPACT IRAN CONFLICT
Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
US Stocks: Nasdaq ends down as expectations of Hormuz deal fadeThe Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle...
Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fadeOil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...
Donald Trump turns Iran’s compensation demand back on Tehran, oil jumps 4%US Iran war news: Donald Trump demanded compensation from Iran for conflict victims. Iranian representatives had initially sought damages f...
Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...
Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
Oil Price Today (August 6): Crude oil dips below $80 on hopes Iran-Oman deal could end Iran war. What are experts saying?Oil prices experienced a minor decline on Thursday amid advancing negotiations. Market watchers are closely monitoring the prospective US-I...
Rupee sails past 95 to one-month high, premiums drop before RBI decisionThe Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward p...
Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watchi...
Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
Global Market: Saudi Aramco Q2 profit jumps 44% as Middle East conflict boosts oil pricesSaudi Aramco reported a 44% year-on-year jump in second-quarter net profit, beating analyst estimates as higher crude oil prices offset low...
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
D-St set for a cautious opening as GIFT Nifty signals muted startThe Indian market began the week with strong momentum and expects continued positive sentiment. Encouraging first-quarter earnings and easi...
Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...