Tag: oil
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US energy shares slump as Iran deal lowers Hormuz supply disruption risk
June 15 : U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a vital oil transit chokepoint.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, said the prime m
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US-Iran deal: When will oil prices fall?
A potential US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts and infrastructure recovers.
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The US and Iran have agreed a deal. How soon could things go back to normal?
Experts warn the impact of the war will continue to affect the global economy for months to come.
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Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz
LONDON, June 15 : Oil prices slipped to a 3-month low on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures fell $4.33, or nearly 5 per cent, to $83.00 a…
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Iran updates: World leaders express optimism for peace deal
World leaders have welcomed news of a peace deal that would reopen the Strait of Hormuz to international shipping. Meanwhile, oil prices have fallen and stocks have rallied. DW has more.
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Ibex 35 tops 19,000 points after Iran peace deal
US-Iran accord to reopen the Strait of Hormuz sends oil prices tumbling, lifts the Ibex 35 to a record above 19,000 and boosts European stocks.
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Trump’s Iran announcement may ease pressure but uncertainty lingers
The announcement of an Iran deal was a welcome birthday gift for the president – but its success or failure may hinge on the details.
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Shares jump, oil skids in Asia on news of Gulf deal
SYDNEY: Share markets surged in Asia on Monday (Jun 15) while the dollar slipped and oil prices slid as news the United States had agreed to a peace deal with Iran boosted risk sentiment and promised to ease infl
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UK intercepts Russian shadow fleet oil tanker in English Channel
Royal Marine Commandos boarded the vessel in an operation lasting six hours in the early hours of Sunday.
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