Rolling coverage of the latest economic and financial news

Oil prices tumbled over 5% on Monday, falling below the $100 per barrel mark, buoyed by optimism over a potential agreement aimed at ending the US-Iran war. The market reaction…

Crude oil prices plunged over 5% as reports surfaced of the US and Iran nearing a Memorandum of Understanding, pushing Brent below $100 and WTI towards $90 a barrel.

Analysts urge caution as US and Iran remain divided on key issues

Oil prices slipped more than $5 to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal,...

Brent crude futures down 5.5% to lowest level in two weeks and stock markets rise

With the U.S. and Iran nearing a peace deal, oil prices dropped below $100 per barrel on Monday, suggesting optimism from traders to start the week.

Oil prices remained mixed on Tuesday as hopes of progress in US-Iran talks were offset by fresh US military strikes in Iran. While the US oil benchmark West Texas Intermediate…

Oil prices saw a jump on Tuesday. This followed U.S. military strikes in southern Iran. Tensions remain high as a deal to end the conflict appears uncertain. Iran has disrupted…

Brent crude fell 7 per cent on Monday, one of the sharpest single day drops since the Iran war and closure of Strait of Hormuz, but are now bouncing back

Rolling coverage of the latest economic and financial news

Oil prices fell below $100 a barrel on Monday and closed 7% down, only to climb more than 2% on Tuesday

It was a ‘messy’ morning for global markets, an analyst says