Oil News

Oil prices rose on Tuesday as optimism faded over the possibility of the United States and Iran reaching an agreement to end their confrontation and reopen the Strait of Hormuz.   Brent crude ...

Oil prices rose on Monday after US President Donald Trump said the ceasefire agreement with Iran was now “on life support” following his rejection of Tehran’s counterproposal to end ...

When lawmakers propose solutions to complex economic problems, the first requirement should be a clear understanding of how those problems actually work.   A recent Facebook post by US Senator ...

Oil prices climbed on Monday after US President Donald Trump described Iran’s response to the American peace proposal as “unacceptable,” raising supply concerns as the Strait of ...

Oil prices trimmed early gains on Friday, one day after renewed fighting near the Strait of Hormuz raised fresh questions about the future of the ceasefire between the United States and ...

The US-Israeli bombing campaign has destroyed large parts of Iran’s infrastructure and industries, causing disruptions to domestic production and driving up prices of essential food ...

Oil prices extended their losses on Thursday, declining by about 2% to below the $100 per barrel level, amid renewed hopes for a peace agreement between the United States and Iran that could lead to ...

Oil prices declined sharply on Wednesday, driven by market optimism over the United States and Iran nearing an agreement to end the conflict that caused the largest energy supply disruption in ...

Oil prices continued their sharp decline on Wednesday, recording their lowest levels in two weeks, after a Pakistani source reported that the United States and Iran are nearing a preliminary peace ...

Global oil prices fell on Tuesday, a day after the United States launched an operation aimed at reopening the Strait of Hormuz to shipping traffic, but exchanges of fire between the United States and ...