Tag:

Oil Prices

Oil prices ease after three-day gain

Oil prices fell on Wednesday after climbing nearly 8% over the previous three sessions, as hopes for a resolution to the Middle East conflict faded and tensions around the Strait of Hormuz remained unresolved.

13 May 2026-11:02
Oil prices jump on renewed US-Iran tensions

Oil prices surged more than 3% after renewed uncertainty in negotiations between the United States and Iran raised concerns over global supply stability and pushed geopolitical risk back into focus.

12 May 2026-17:56
Oil prices surge as Trump rejects Iran's peace terms

11 May 2026-09:38
Isle of Bute businesses affected by rising global oil prices

Businesses on the Isle of Bute are experiencing pressure as global oil price increases continue to affect operating costs and local economic conditions.

10 May 2026-12:09
Oil prices dip after attack reports as Strait of Hormuz tensions continue

Oil prices fell after reports of renewed attacks linked to escalating tensions in the Middle East, with markets closely watching developments around the Strait of Hormuz, a key global energy shipping route.

08 May 2026-17:36
Global food prices hit highest level in over three years amid Iran war impact

World food prices rose in April to their highest level in more than three years, driven in part by disruptions linked to the Iran war and the effective closure of the Strait of Hormuz, according to the United Nations Food and Agriculture Organisation.

08 May 2026-17:06
European shares fall as Iran–US tensions drive oil surge

08 May 2026-13:42
Dow, S&P 500, Nasdaq futures dip as geopolitical risks rise

US stock futures edged lower on Thursday evening as investors weighed rising tensions between Washington and Tehran and prepared for the release of key April employment data.

08 May 2026-13:10
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
Pakistan crude oil prices see sharp decline in international market

There has been a major decline in crude oil prices in the international market, according to a foreign news agency report. The price of Brent crude oil has decreased by 10.67 percent, bringing it down to 98.57 dollars per barrel.

07 May 2026-15:56