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Oil Prices

Oil prices surge as Iran ceasefire nears collapse and tensions mount

Oil prices jumped more than 5 per cent yesterday on fears that a fragile ceasefire between the United States and Iran could break down after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.

21 Apr 2026-11:39
Oil prices ease on hopes of Iran-US ceasefire talks

Oil prices edged lower on signs that Iran may attend negotiations with the United States in Islamabad ahead of the expiry of a ceasefire between the two sides.

21 Apr 2026-10:56
Oil prices rebound amid renewed Hormuz tensions

20 Apr 2026-11:06
US extends waiver allowing countries to buy Russian oil

U.S. President Donald Trump's administration on Friday issued a waiver allowing countries to buy sanctioned ‌Russian oil and petroleum products at sea for about a month, seeking to control global energy prices that have shot higher during the U.S.-Israeli war on Iran.

18 Apr 2026-04:49
How easing tensions in the Strait of Hormuz will affect oil prices

The global energy market experienced a sharp shift as oil prices fell significantly following signals from Iran that commercial shipping would resume through the strategically critical Strait of Hormuz.

18 Apr 2026-04:38
World stocks near records as oil holds below $100

17 Apr 2026-13:39
TotalEnergies workers strike in France over fuel prices

Service station workers at TotalEnergies across France went on strike on Friday, protesting rising fuel costs and demanding higher wages from the oil giant.

17 Apr 2026-12:55
Indian shares surge on US–Iran peace hopes

Indian shares rose in early trade on Thursday, tracking gains across Asian peers, as optimism around a possible peace deal between the United States and Iran pushed oil prices lower and strengthened risk appetite among investors.

16 Apr 2026-11:19
US ends oil sanctions waivers for Iran and Russia as energy prices stabilize

The United States will not be renewing the waivers that allowed purchase of some Iranian and Russian oil without facing US sanctions, US Treasury Secretary Scott Bessent told reporters on Wednesday.

16 Apr 2026-08:17
Oil fluctuates as US-Iran talks and Hormuz blockade weigh

Oil prices fluctuated as traders assessed developments surrounding efforts to organize a second round of peace talks between the United States and Iran, alongside an intensified blockade affecting crude flows through the Strait of Hormuz.

15 Apr 2026-10:34

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