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Brent traded near $95.73 a barrel on Friday and was up more than 8% for the week, its strongest weekly performance since July. The move followed renewed Middle East missile activity, sanctions and oil-shipment risk signals.
Crude oil traded around $91.2 a barrel on Friday and rose more than 9% for the week, its strongest weekly performance since mid-July. Middle East tensions and sanctions kept upward pressure on prices.
Brent traded slightly lower around $95 a barrel on Friday but gained nearly 8% for the week. The move came as US-Iran strikes resumed and warnings over Iran’s infrastructure continued, while Iraq’s exports rose in August.
Crude traded slightly lower around $90 a barrel on Friday but was up nearly 9% for the week, its strongest weekly performance since mid-July. US-Iran tensions and Strait of Hormuz shipping concerns continued to drive sentiment.
US VP Vance said the U.S. will not talk with Iran unless it stops shooting at ships.
Analysts from Citi predict a significant drop in Brent crude prices to $60 a barrel by year-end, banking on the U.S.-Iran truce to hold. Citi analysts said that the memorandum of understanding (MOU) inked between the U.S. and Iran in mid-June will endure, despite potential “temporary flare-ups.” The analysts attribute
The U.S. stock market has closed out its most profitable quarter in six years, a milestone celebrated by President Donald Trump as indirect negotiations between the United States and Iran wrapped up in Qatar, easing global energy supply fears. A Tech-Driven Market Surge The S&P 500 surged nearly 15% over the past three
Vice President JD Vance offered his perspective on the unique negotiation tactics employed by Iran and their approach towards the peace talks with the U.S. In an interview with conservative commentator Michael Knowles on Tuesday, Vance expressed his intrigue over Iran’s constant denial of ongoing peace talks while simu
On Tuesday, Iran ruled out direct talks with senior U.S. officials despite Washington’s latest diplomatic push, underscoring deep divisions over a fragile ceasefire and the future of one of the world’s most critical oil transit routes. Oil Prices Ease Despite Lingering Tensions Late in the day, Dow futures fell 59.00 p
Iran targets US military positions after Trump orders strikes over alleged ceasefire violation in Strait of Hormuz
Iran's chief negotiator says the Strait of Hormuz will be administered by Iran
Iran's Foreign Ministry Spokesman says the country has no plan to let IAEA inspectors visit nuclear sites targeted in conflict
Japan's Finance Minister says US and Japan are more aligned on foreign exchange after talks with Bessent
Iran's Parliament Speaker reaffirms Tehran's administration of the Strait of Hormuz in accordance with international law
The US Treasury Department authorizes Iranian oil sales through August as Iran agrees to invite IAEA inspectors back
The US Treasury Department has authorized the production, delivery, and sale of Iranian oil for 60 days after productive talks between Tehran and Washington
The US Treasury Department authorizes Iranian oil sales through August after productive talks with Tehran
The US Treasury Department authorizes Iranian oil sales through August after productive talks with Tehran
The US Treasury Department authorizes Iranian oil sales through August after productive talks with Tehran
Iran has agreed to allow IAEA inspectors back into the country and will use any unfrozen assets to purchase US farm goods
US Vice President JD Vance says US-Iran talks have made great progress despite tensions, with Iran agreeing to admit IAEA inspectors and a process in place to avoid regional escalation
US Vice President JD Vance says US-Iran talks have made great progress despite tensions, with Iran agreeing to admit IAEA inspectors
Iran agrees to allow nuclear inspectors this week after successful US-Iran talks
Iran talks made a lot of good progress, with Iranians agreeing to invite IAEA inspectors back and the strait remaining open
Chris Christie accuses President Trump of abandoning 'America First' for 'Iran First' after accepting a weak deal with Iran
The US and Iran have agreed on a roadmap for a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.
Sen. Lindsey Graham and former national security adviser John Bolton warn Iran of severe consequences if diplomacy fails, with Graham stating the US will 'obliterate' Iran if tested
Iran's Foreign Minister says the US will lift its naval blockade of the Strait of Hormuz and waive oil export curbs as part of a deal between the two countries
The US and Iran have agreed on a roadmap to reach a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.
President Donald Trump warned on Saturday that the United States may decide to start charging no tolls in the Strait of Hormuz if the Iran peace deal collapses. Trump Floats US Toll As Leverage In Stalled Talks In a Truth Social post, Trump wrote there would be “NO TOLLS” in the Strait of Hormuz for 60 days, “unless th