Tag:

Brent Crude Oil

Oil prices dip after Trump calls off planned Iran strike

Oil prices declined after US President Donald Trump said he had called off a planned military strike on Iran scheduled for Tuesday, following an appeal from allies in the Persian Gulf.

19 May 2026-11:22
Oil set for weekly gain as Hormuz crisis drags on

15 May 2026-10:58
Oil prices surge as Trump rejects Iran's peace terms

11 May 2026-09:38
US-Iran clashes push oil prices sharply higher

Oil prices climbed sharply after renewed clashes between the United States and Iran in the Strait of Hormuz pushed their fragile ceasefire close to collapse.

08 May 2026-09:39
Oil drops on hopes of Iran-US deal over Hormuz

Oil prices extended their losses on Thursday as investors assessed the possibility of a Middle East peace agreement that could reduce supply risks and potentially allow for the gradual reopening of the Strait of Hormuz.

07 May 2026-11:59
Hormuz tensions drive oil prices sharply higher

Oil prices surged sharply as renewed violence in the Strait of Hormuz raised concerns about the stability of the fragile ceasefire between the United States and Iran.

05 May 2026-09:43
Brent crude hits near $115 after Iran-US naval incident

04 May 2026-14:55
Oil up 5% as Hormuz worries heighten supply risks

Oil prices surged nearly 5% on Thursday as concerns grew over the fragile two-week Middle East ceasefire, raising fears that energy flows through the vital Strait of Hormuz could remain limited, with shippers hesitant to resume transit.

09 Apr 2026-20:25
Oil price swings before Trump’s Iran deal deadline

Global oil prices have seen fluctuations as the deadline set by US President Donald Trump for Iran to reopen the key Strait of Hormuz shipping route approaches.

07 Apr 2026-18:59
What is driving global energy and oil price volatility

Global energy markets are currently experiencing heightened volatility due to a combination of geopolitical tensions, supply constraints, and shifting demand patterns. The price of Brent crude oil, which serves as a key international benchmark, has been particularly sensitive to developments in major producing regions.

31 Mar 2026-19:30