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A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Jun 8, 2026

Oil prices pares gains after Iran announces end to attacks on Israel

Oil prices eased after Iran announced an end to attacks on Israel, despite warnings of harsher strikes if Israel continues in Lebanon. Brent crude rose to $94.52.

A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer
Jun 5, 2026

Oil prices fall on mounting hopes for de-escalation in US-Iran War

Oil prices fell as traders gained confidence that renewed conflict between the U.S. and Iran was less likely amid ongoing peace talks and regional tensions.

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