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. ›
Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran in the Middle East. ›
Oil prices were on track for a weekly decline on Friday after U.S. President Donald Trump extended a pause in attacks on Iran’s energy plants for 10 days, though investors remained on edge as an imminent resolution to the conflict looked unlikely. ›
Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows. ›
Oil prices sank about 4% on Wednesday after reports the United States had sent Iran a 15-point proposal aimed at ending the war in the Middle East, raising prospects of a ceasefire that could ease supply disruptions in the region. ›
Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon. ›
European natural gas futures resumed gains as traders watched the US and Iran exchange threats over the Strait of Hormuz, adding nervousnesses to an already volatile market. ›
Oil prices rose on Monday after Iran’s Revolutionary Guards said they would target Israel’s power plants and those supplying U.S. bases in the Middle East in retaliation against any attack on its electricity sector. ›
European traders are bracing for a prolonged disruption to supplies from the world’s largest liquefied natural gas plant in Qatar, with a sharp rise in prices for delivery in 2027 this week. ›
