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Global energy stocks plunge as US-Iran ceasefire hits oil
April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after U.S. President Donald Trump late on Tuesday agreed […]
Oil tumbles below $100 after Trump announces two-week ceasefire
LONDON, April 8 (Reuters) – Oil tumbled below $100 a barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz. Brent crude futures were down $18.27, or 16.72%, at $91.00 a barrel by 1320 GMT. […]
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Wall Street futures rose sharply after the U.S. and Iran agreed to a two-week ceasefire, easing crude prices and boosting global market confidence.
Trump says US will work closely with Iran, discuss sanctions
WASHINGTON, April 8 (Reuters) – The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U.S. President Donald Trump said on Wednesday, following the announcement of a two-week ceasefire. Trump pulled back from the brink of a threatened full-on assault on Iran on Tuesday night, two hours […]
Wall Street closes mixed, with signs of progress as Trump’s Iran deadline draws near
NEW YORK, April 7 (Reuters) – U.S. stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump‘s deadline for Iran to open the Strait of Hormuz. In the last hour of trading, all three major U.S. stock indexes recovered from steep losses earlier in the […]
‘A whole civilization will die tonight’ says Trump as Iran defies looming deadline
DUBAI/WASHINGTON, April 7 (Reuters) – U.S. President Donald Trump threatened that “a whole civilization will die tonight” as Iran showed no sign of accepting his ultimatum to open the Strait of Hormuz by Tuesday evening. Trump has given Iran until 8 p.m. in Washington – 3:30 a.m. in Tehran – to end its blockade of […]
US hits military targets on Iran’s Kharg Island, Vance says no change to strategy
BUDAPEST/WASHINGTON, April 7 (Reuters) – U.S. strikes on Iran‘s Kharg Island do not represent a change in American strategy, U.S. Vice President JD Vance said on Tuesday as a U.S. official separately told Reuters the additional strikes on military targets did not impact oil infrastructure. The official, who spoke to Reuters on condition of anonymity, […]
Health insurers rise after US lifts 2027 Medicare Advantage payment rates
April 7 (Reuters) – Shares of U.S. health insurers climbed on Tuesday after the government finalized Medicare Advantage payment rates above estimates, which are expected to add more than $13 billion in additional payments next year. Insurers had lost billions in market value after the Trump administration’s smaller-than-expected January proposal sparked backlash from an industry [&hell[...]
Oil prices mixed; Brent flat, US crude up as Iran keeps Hormuz shut ahead of Trump deadline
US crude oil prices rise ahead of president Donald Trump's deadline as Iran maintains blockade of the Strait of Hormuz, impacting global oil flows.
Trump says Iran could be ‘taken out’ on Tuesday, Hegseth says major strikes to come
U.S. President Donald Trump threatens sweeping attacks on iranian power plants and bridges unless iran complies with U.S. conditions by Tuesday night.
