- June 8th, 2026
Oil Jumps as Iran and Israel Exchange Fire and Tensions Escalate
Oil surged after Iran and Israel exchanged fire, threatening a fragile ceasefire in the Middle East as talks to end the war falter. ›
Oil surged after Iran and Israel exchanged fire, threatening a fragile ceasefire in the Middle East as talks to end the war falter. ›
European natural gas prices headed for a weekly gain as uncertainty over the prospects for a peace deal between the US and Iran dominated sentiment after fighting in the Middle East intensified. ›
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion. ›
Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U.S.-Israeli war with Iran that could lead to a reopening of the Strait of Hormuz. ›
Oil prices rose over 1% on Wednesday, extending gains from the previous session, as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed little progress. ›
Oil prices trended lower on Tuesday following the previous session’s sharp gains as the market remained cautious about progress in U.S.-Iran peace talks. ›
Oil prices rose more than 3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in its battle with Tehran-backed Hezbollah. ›
Oil futures fell more than 1% on Friday and were on track for their steepest weekly decline since early April, following reports that the U.S. and Iran had reached a potential deal to extend a ceasefire. ›
Oil prices jumped more than 2% on Thursday after Iran’s Revolutionary Guards said they targeted a U.S. airbase in response to a U.S. attack in the port city of Bandar Abbas. ›
Oil prices eased from recent highs on Wednesday, erasing some of the previous day’s 4% gain as traders sought clarity on negotiations between Iran and the U.S. after renewed hostilities set back efforts to reopen the Strait of Hormuz. ›