Tag: iran
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Oil gains as traders weigh prospects of easing Middle East supply disruptions
Aug 27 : Oil prices rose on Thursday after falling earlier in the session as traders weighed signs of diplomatic progress involving Iran against lingering risks to oil supplies from the Middle East.Brent crude futures were up 71 cents, or 0.81 per cent, at$88.55 a barrel at 1128 GMT. West Texas Intermediate
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Oil extends losses on hopes Middle East talks could ease supply woes
Aug 27 : Oil prices fell more than $1 on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down $1.36, or 1.55 per cent, to $86.48 a barrel at 0800…
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Tanker attack tests Trump’s claim that Hormuz is a ‘functioning strait’
An oil tanker was struck by an unidentified projectile in the Strait of Hormuz, keeping alive risks deterring vessesl from the vital energy corridor.
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Oil prices extend losses on expectations talks to ease Middle East supply woes
Aug 27 : Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude futures were down 60 cents, or 0.7 per cent, to $87.24 a barrel by…
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CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia reported results that beat expectations, but it also expects revenue to grow another 70% in fiscal 2028.
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Iran and Oman still working on Strait of Hormuz accord, says senior Iranian source
Most shipping through the Strait of Hormuz has been disrupted, pushing global energy prices higher, while Iran and Oman continue negotiating an agreement over the waterway.
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Oil prices fall $2 on Iran-Oman talks to reopen Strait of Hormuz
Aug 26 : Oil prices fell more than $2 a barrel to a two-week low on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region. Brent crude futures fell $2.25, or 2.54 per cent, to $86.33…
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Iran and Oman prepare Hormuz deal as U.S. holds back on secondary sanctions
Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.
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CNBC Daily Open: Nvidia carries world of AI on its shoulders
Investors wait for Nvidia to set the scene of the biggest market trend in a generation, as its earnings look set to determine the direction of the AI trade.
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Oil falls on easing concerns of renewed tensions as the U.S. pivots to economic pressure on Iran
Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran.
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