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oil prices

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo
Jun 11, 2026

Oil drops as Trump cancels planned strikes against Iran

Oil prices dropped sharply after U.S. President Donald Trump canceled planned strikes on Iran, easing tensions in the Middle East.

Oil/Chemical Tanker "Bald Man" at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. REUTERS/Amr Alfiky
Jun 10, 2026

Oil prices rise after Trump says Iran must pay price

Oil prices rose after U.S. President Donald Trump warned Iran must pay a price following U.S.-Iran military exchanges and a sharp drawdown in U.S. crude inventories.

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.

Trader Edward Curran works on the floor of the New York Stock Exchange, Monday, Nov. 24, 2025. (AP Photo/Richard Drew)
Jun 3, 2026

Wall Street ends lower as Middle East tensions escalate

Wall Street stocks declined amid escalating Middle East tensions and rising oil prices, fueling inflation fears and profit-taking among investors.

Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford
May 27, 2026

Oil extends drop as Iran TV says it has seen draft deal with US to reopen Hormuz

Oil prices dropped over 5% after Iranian state TV reported a draft deal with the US to reopen the Strait of Hormuz, easing supply concerns.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2026. REUTERS/Brendan McDermid/File Photo
May 21, 2026

Wall Street indexes end slightly higher as investors focus on Mideast peace hopes 

Wall Street indexes closed slightly higher amid hopes for U.S.-Iran peace talks and mixed earnings reports from Walmart and Nvidia, impacting market sentiment.

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly
May 21, 2026

US weekly jobless claims fall amid labor market resilience

Initial claims for unemployment benefits in the U.S. fell to 209,000, signaling labor market resilience despite inflation concerns and geopolitical tensions.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2026. REUTERS/Jeenah Moon
May 20, 2026

Wall Street rises as chip stocks rally ahead of Nvidia results

Wall Street's main indexes rose over 1% led by technology and chip stocks ahead of Nvidia's quarterly report, signaling strong AI sector optimism.

Interest rates for 30-year mortgages fell in the second half of 2025, prompting more house sales in Virginia. Photo by Adobe Stock
May 20, 2026

US mortgage rates rise to 6.56%, MBA says

The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
May 20, 2026

Oil prices slump after Trump comments while analysts point to supply crunch

Oil prices dropped over 2% after President Donald Trump's comments on Iran peace talks, while analysts warn of ongoing supply disruptions in the Middle East.

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., May 15, 2026. REUTERS/Jeenah Moon
May 19, 2026

Stocks fall as US bond yields climb, oil eases after latest Iran war headlines

U.S. stocks declined as bond yields rose to 19-year highs and oil prices eased amid ongoing U.S. talks with Iran to end the conflict, impacting market sentiment.

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File Photo
May 19, 2026

Oil prices fall as Trump pauses Iran attack plans

Oil prices dropped after U.S. President Donald Trump paused planned attacks on Iran to allow for negotiations, easing Middle East conflict concerns.

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