Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

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.

As the US and Iran inch closer to a peace deal, oil prices have plummeted, impacting global markets and investor sentiment.

Crude falls nearly 6% while Trump says Strait of Hormuz blockade will stay in place until agreement finalised

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

Energy experts say years of weak investment in new oil supply, combined with the prolonged Hormuz disruption, could push Brent crude into a prolonged $120–$150 per barrel range

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

Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’

Brent crude trades at $100 per barrel while European indices drop, Asian stocks close mostly flat and US equities open higher. Markets remain volatile as US-Iran talks stall and…

The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.