Oil Gains Over $2 on Attacks and Hormuz Disruptions

Crude Oil Rises as Optimism on U.S.-Iran Deal Fades Crude oil prices rose Thursday as supply-disruption concerns returned after President Donald Trump said the U.S. was no longer interested in a deal with Iran. M impact | ENERGY | Nov 12, 2026, 07:52 PM UTC

Fed's Daly Says Further Tightening Will Be Needed San Francisco Fed President Mary Daly said her bias is that further tightening will be needed, citing persistent inflation pressure beyond sectors directly affected by tariffs or o M impact | CENTRAL_BANK | Nov 12, 2026, 07:25 PM UTC

Oil Futures Extend Gains After IRNA Reports Strike on Iran WTI was last up 2.36% and Brent was last up 3% after Iran's state news agency IRNA reported an enemy strike on Iran. M impact | ENERGY | Nov 12, 2026, 07:15 PM UTC

Fed’s Daly Says Data Centers Are Driving an Energy Demand Shock Mary Daly said data-center energy demand is leading to wider, higher input costs for firms and families. M impact | ENERGY | Nov 12, 2026, 07:01 PM UTC

US Says It Returned More Than $12 Billion in Oil Proceeds to Venezuela The Trump administration says it has returned more than $12 billion in oil proceeds to Venezuela. M impact | REGULATION | Nov 12, 2026, 06:39 PM UTC

US Dollar Edges Higher Against Canadian Dollar The US dollar nudged higher against Canada's loonie, with rate-hike expectations and rising oil prices cited in the headline. M impact | FX | Nov 12, 2026, 06:29 PM UTC

Oil Gains Over $2 on Attacks and Hormuz Disruptions

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