Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to compete with the U.S. and China. ›
Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, and fears that any attacks on Tehran or shipping could lead to supply disruptions. ›
Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while signs of an easing surplus spurred by better demand support from India also added strength. ›
Oil prices edged down on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran. ›
Oil prices fell more than 1% on Monday as fears of a Middle East conflict eased after the U.S. and Iran pledged to continue indirect talks about Tehran’s nuclear programme, calming worries about potential supply disruptions. ›
Oil prices rose more than 1% on Friday after a steep fall the previous day, but were heading for their first weekly drop in nearly two months, as supply concerns eased and investors focused on the outcome of U.S.-Iran talks due later in the day. ›
Oil prices fell more than $1 a barrel on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, easing concerns that a potential military conflict between them could disrupt supplies from the key Middle East producing region. ›
Oil prices climbed about 2% on Tuesday after the U.S. shot down an Iranian drone and armed boats approached a U.S.-flagged vessel in the Strait of Hormuz, stoking concerns that talks aimed at de-escalating U.S.-Iran tensions could be disrupted. ›
Oil prices fell 1% on Tuesday, dropping for a second day, as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, while a firmer dollar added downward pressure. ›
Oil prices fell nearly 5% on Monday and were heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was “seriously talking” with Washington, signalling de-escalation with an OPEC member. ›
