Oil prices climbed on Friday, driven by fresh anxiety over supplies from Saudi Arabia and as tanker traffic through the critical Strait of Hormuz remained largely frozen. ›
European natural gas steadied as the Strait of Hormuz remained largely closed and fighting continued in the Middle East, threatening a fragile ceasefire agreement between the US and Iran. ›
Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. ›
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. ›
