Markets
WTI Crude Plunges 4.37% as U.S.-Iran De-escalation Eases Supply Fears
Crude oil prices saw a significant plunge on Tuesday, with WTI September delivery falling 4.37% to $79.00 per barrel. This decline is...
#middle east 16 articles
Markets
Crude Oil Jumps 4.49% as US-Iran Ceasefire Ends
Crude oil prices surged on Wednesday, with WTI climbing 4.49% to $73.60 per barrel, following renewed U.S.-Iran hostilities and President Trump's declaration...
Markets
Oil Futures Face Fourth Weekly Loss as Middle East Tensions Ease
Oil prices held steady on Friday but are on track for their fourth consecutive weekly decline, driven by receding concerns over supply...
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...
World Business
US Sanctions Waivers Boost Iran Oil Exports; Billions in Aid Conditional
Tehran has secured immediate economic relief through US sanctions waivers, allowing a swift rebound in its crucial oil exports. However, billions in...
Finance
Bank of England Expected to Freeze Rates; Mideast Deal Calms Oil Markets
The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...
Markets
Oil Prices Drop as Gulf War End Optimism Grows
Crude oil prices fell Friday, extending Thursday's losses, as confidence in the reopening of the Strait of Hormuz increased following a Lebanon-Israel...
Markets
Crude Oil Plunges 3.12% as Mideast Ceasefire, Iran Deal Hopes Emerge
Crude oil prices saw a significant drop on Wednesday, with WTI July delivery falling 3.12%, driven by an Israel-Lebanon ceasefire and optimism...
World Business
US-Iran Deal Progress Stalls as Israel Widens Lebanon Offensive
US and Iran exchange draft changes for a ceasefire and Strait of Hormuz deal, but progress remains uncertain as Israel expands its...