European natural gas plunged after the US and Iran agreed to a two-week ceasefire that could temporarily reopen the vital Strait of Hormuz and ease strained global energy markets. ›
Oil fell below $100 per barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz. ›
European natural gas prices edged higher after US President Donald Trump escalated threats to obliterate key Iranian infrastructure if his terms for a deal to end the conflict aren’t met before a Tuesday deadline. ›
Oil prices extended gains on Tuesday as a U.S.-imposed deadline loomed for Iran to open the Strait of Hormuz or be “taken out”, with U.S. President Donald Trump threatening to order attacks on Iranian bridges and power plants. ›
Oil prices climbed nearly 7% on Thursday, as President Donald Trump said the United States would keep up attacks on Iran without committing to a specific timeline to end the war, fanning investor fears about sustained disruptions to supply. ›
Oil tumbled more than 3% on Wednesday, reversing earlier gains as persistent Middle East volatility unnerved markets even amid reports the U.S.-Israeli war with Iran could be winding down. ›
Oil prices were volatile on Tuesday as investors weighed the possibility of U.S. President Donald Trump ending the Iran war against supply shocks from a prolonged closure of the Strait of Hormuz, a major artery for global oil flows. ›
Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran in the Middle East. ›
Oil prices were on track for a weekly decline on Friday after U.S. President Donald Trump extended a pause in attacks on Iran’s energy plants for 10 days, though investors remained on edge as an imminent resolution to the conflict looked unlikely. ›
Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows. ›
