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brent futures

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Mar 24, 2026

Oil rises as supply disruption persists and Iran denies US talks

Oil prices climbed due to ongoing supply disruptions in the Strait of Hormuz, while Iran denied having talks with the U.S. to end Gulf tensions.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo REFILE - CORRECTING "TANKERS" TO "CARGO SHIPS" AND REMOVING ACTION "SAIL".
Mar 23, 2026

Oil prices plunge 10% on US-Iran talks to resolve the hostilities in the Middle East

Oil prices dropped about 10% following US-Iran talks aimed at resolving Middle East hostilities, easing fears of further escalation and supply disruptions.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 3, 2026

Oil prices soar 6% to highest since 2024 as Middle East conflict widens

Oil prices surged about 6% to the highest since 2024 amid widening U.S.-Israel-Iran conflict disrupting Middle East energy shipments and production cuts.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Feb 25, 2026

Oil turns negative as large US crude stock build outshines supply concerns 

US crude oil prices fell after a larger-than-expected stock build overshadowed supply concerns amid US-Iran tensions and potential OPEC+ output changes.

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