Markets
Oil Prices Retreat to Pre-War Levels as Hormuz Traffic Resumes
Global benchmark Brent crude has fallen to pre-Iran war levels, driven by the gradual resumption of traffic through the critical Strait of...
#energy markets 64 articles
Markets
Middle East Tensions Flare, Crude Oil Prices Jump 2.12%
Crude oil prices surged Thursday after a projectile struck a Singapore-flagged cargo ship near Oman, reigniting supply disruption fears in the critical...
Economy
Global Energy Crunch: Peace Deal Offers No Quick Fix
A peace deal in the Iran war won't immediately resolve the global energy and supply chain crisis, with experts warning of months...
Stocks
Wall Street Banks Slash Oil Forecasts on Swift Persian Gulf Recovery
Major Wall Street banks have cut oil price predictions, citing an interim U.S.-Iran deal expected to quickly restore Persian Gulf flows and...
Markets
U.S.-Iran Deal Sinks Crude Prices 5% As Hormuz Reopens
Crude oil prices plunged over 5% to $80.57 per barrel after the U.S. and Iran agreed to sign a preliminary deal Friday,...
Stocks
Trump Announces Hormuz Reopening Friday, Easing Tensions
The Strait of Hormuz is set to reopen Friday after a U.S.-Iran peace deal, President Trump confirmed, potentially easing energy market disruptions...
Markets
World Bank Projects 36% Brent Crude Price Jump by 2026
The World Bank forecasts Brent crude oil prices to surge 36% to an average of $94 per barrel by 2026, driven by...
Markets
Crude Oil Plummets: Trump Confirms Iran Peace Deal, Halts Strikes
Crude oil prices plunged after President Trump announced a peace deal with Iran, recalling military strike orders. WTI crude fell to $87.22...
Markets
Oil Prices Climb as Hormuz Reopening Stalls Amid Iran Tensions
Crude oil prices advanced on Monday as the Strait of Hormuz's reopening remains delayed, fueled by Iran's hardline stance and escalating regional...