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. ›
Brent crude futures rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, keeping markets on edge as a deal to end the war and open up the Strait of Hormuz remained elusive. ›
Oil prices climbed on Friday but were on track for a weekly loss as investors doubted the prospects of a breakthrough in U.S.-Iran peace talks. ›
Oil prices gained more than 1% on Thursday, paring previous losses as investors monitored peace talks between the United States and Iran, while supply tightness and U.S. inventory drawdowns provided some support. ›
Oil prices were down about 1% on Wednesday after U.S. President Donald Trump again asserted the war with Iran will end “very quickly”, though investors remain wary about the outcome of peace talks amid continued disruptions to Middle Eastern supply. ›
Oil fell by nearly 2% on Tuesday after U.S. President Donald Trump said he had paused a planned attack on Iran to allow for negotiations to end the war in the Middle East. ›
Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran. ›
Oil prices gained about 2% after U.S. President Donald Trump said he and China’s Xi Jinping agree Iran cannot have nuclear weapons and as concerns persisted over ship attacks and seizures despite Tehran saying about 30 vessels crossed the Strait of Hormuz. ›
