Crude oil holds above $82 as Strait of Hormuz risk rises
Crude oil holds above $82 a barrel on Monday as investors weigh uncertain US-Iran conflict risk, slower Strait of Hormuz shipping, and limited hope for a swift resolution.
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Update: WTI Oil Edges Up to a Fresh Month High as Middle East Fighting Intensifies
() -- (Updates prices in the second paragraph and and EIA storage data in the final paragraph.) West Texas Intermediate (WTI) crude oil rose to a one-month high on Wednesday as fighting between the US and Iran intensified, keeping the Strait of Hormuz blocked. WTI crude oil for August delivery closed up $0.26, or 0.3%,
Oil Edges Up to a Fresh Month High as Middle East Fighting Intensifies
() -- Oil edged higher to the highest in a month early on Wednesday as fighting between the US and Iran intensified, keeping the Strait of Hormuz blocked again. West Texas Intermediate crude oil for August delivery was last seen up $0.37, or 0.5%, to $79.71 per barrel, the highest since June 15, while September Brent o
Pound Rises as Dollar Takes Breather Before US Inflation Data
() -- The British pound rose against the United States dollar on Tuesday as traders booked profits after the greenback reached its highest level in more than a year before key US inflation data. Higher oil prices, driven by renewed fighting between the United States and Iran in the Gulf, limited sterling's gains becaus
Gold Moves Higher Early; Dollar, Yields Steady Even as Oil Rises on Renewed Middle East Fighting
() -- Gold traded higher early on Thursday but remains rangebound as inflation worries again heightened with oil prices rising on renewed fighting between Iran and the U.S. Gold for August delivery was last seen up $32.70, or 0.8% to $4,115.10 per ounce. The price of the metal has hovered above the $4,000 mark for the
Oil Prices Rise on Renewed Fighting Between the US and Iran
() -- Oil rose for a third day early Thursday as renewed fighting between the U.S. and Iran threatens to keep the Strait of Hormuz closed, again shutting in tankers bringing Persian Gulf supply to the market. West Texas Intermediate crude oil for August delivery was last seen up $0.41, or 0.6%, to $73.93 per barrel, wh
TSX Closer: Index Drops as Financial, Mining Losses Outweigh Energy Surge; US-Iran Fighting Hikes Inflation Fears
() -- The Toronto Stock Exchange dropped on Wednesday as losses in financial and mining shares outweighed a sharp rise in energy stocks, while renewed fighting between the US. and Iran fueled inflation concerns and weighed on investor sentiment. The S&P/TSX Composite Index closed down 336.79 points, or 0.95%, to 34,935
Update: WTI Oil Rises as Iran-US Fighting Resumes, Trump Says Ceasefire Is Over
() -- (Updates prices in the second paragraph and adds EIA data in the final paragraph.) West Texas Intermediate (WTI) closed higher on Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. WTI crude oil for August delivery closed up $3.08, or 4.4%, to
Oil Rises More Than 5% as Iran-US Fighting Resumes, Trump Says Ceasefire Is Over
() -- Oil prices surged early Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. West Texas Intermediate crude oil for August delivery was last seen up $3.65, or 5.1%, to $74.00 per barrel, the highest since June 18, while September Brent oil was up
US: 55 Ships Transit Hormuz
US Central Command says that commercial maritime traffic through the Strait of Hormuz increased on Saturday, even as Iran announced the closure of the vital waterway. Safe passage remained intact, with 55 merchant ships transiting the Strait, US Central Command said in an X post on Saturday. The vessels moved more than