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Energy Services News

  • June 1st, 2026

Oil rises as US, Iran trade strikes, Israel moves further into Lebanon

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. ›

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  • May 29th, 2026

Oil falls more than 1% on reports of possible US-Iran ceasefire deal

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. ›

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  • May 28th, 2026

Oil surges after Iran and US trade air strikes

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. ›

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  • May 27th, 2026

Oil pulls back as traders look for progress on US-Iran talks

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. ›

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  • May 26th, 2026

Brent gains 2% as US military strikes on Iran add to peace deal uncertainty

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. ›

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  • May 22nd, 2026

Oil prices rise as investors doubt breakthrough in US-Iran peace talks

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. ›

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  • May 21st, 2026

Oil rebounds on Iran peace deal uncertainty and inventory drawdowns

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. ›

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  • May 20th, 2026

Oil falls after Trump says US will end Iran war ‘very quickly’

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. ›

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  • May 19th, 2026

Oil falls nearly 2% as Trump holds off scheduled attack on Iran

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. ›

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  • May 18th, 2026

Oil touches two-week high after drone attack on UAE nuclear power plant

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. ›

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