Oil prices were up more than 1% on Monday as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. ›
Oil prices rose on Friday due to fears of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz and on reports Tehran’s air defences had engaged “hostile targets.” ›
Oil prices extended their gains on Thursday, rising more than $1 in the wake of stalled peace talks between Iran and the United States and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz. ›
European natural gas steadied as uncertainty over the Iran war persisted, even as Washington’s truce extension spurred cautious optimism in some markets. ›
Oil prices eased on Wednesday as investors assessed the outlook for U.S.-Iran peace talks after the U.S. announced an extension of the ceasefire. ›
Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and lead to more supply to flow from the key Middle East producing region. ›
Oil prices jumped more than 5% on Monday, on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship, while traffic through the Strait of Hormuz stayed largely halted. ›
Oil prices fell in early trade on Friday on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and President Donald Trump said the U.S. and Iran may meet for talks on the weekend. ›
Oil prices were little changed on Thursday, reversing earlier declines, on scepticism that peace talks between the U.S. and Iran will reach a deal to end the war that has bottled up oil output from the key Middle East producing region. ›
Oil prices fell for a second day on Wednesday on expectations peace talks between the U.S. and Iran may resume and supply will eventually be released from the key Middle East producing region trapped by the closure of the Strait of Hormuz. ›
