US Oil Prices Jump 2% After Iran Says It Will Not Reopen Strait of Hormuz
US crude oil futures surged almost 2% on Tuesday, topping $83 per barrel. Investors reacted to news that Iran will not reopen the Strait of…
Posts Tagged: Iran
US Oil Prices Top $80 Again as Markets Doubtful Over Strait of Hormuz Deal
US crude oil futures blew past $80 per barrel to kick off the trading week as Wall Street increasingly doubts that Washington and Tehran will…
US Oil Prices Surge 6% After Trump Warns Iran Will ‘Get a Beating’
Crude oil futures increased sharply in the middle of the trading week after President Donald Trump indicated the United States would be hitting Iran hard…
Natural Gas Little Changed as Traders Monitor Tropical Storm Bertha
Natural gas futures were little changed on Thursday as traders shrugged off Tropical Storm Bertha, higher temperatures, and a smaller-than-expected supply build last week. Natural…
Oil Prices Spike 9% After Trump Reimposes Blockade in Iran, Charges Toll on Cargo
Crude oil futures surged almost 9% to kick off the trading week as President Donald Trump restarted the US blockade on Iran and proposed a…
Oil Prices Surge 6% After Trump Declares US-Iran Ceasefire Is ‘Over’
Crude oil futures surged more than 6% in the middle of the trading week on concerns that the war in Iran will carry on after…
US Dollar Index (DXY) Weakens as Trump Inches Closer to Iran Deal
The US dollar weakened during the Memorial Day trading session as global financial markets waited for new details on a prospective US-Iran peace agreement. Both…
Oil Prices Sink 5% After Trump Says US-Iran in ‘Final Stages’ of Negotiations
Crude oil futures declined more than 5% in the middle of the trading week as President Donald Trump indicated the war in Iran could soon…