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oil prices

A drone view shows the Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arriving in Iraq’s territorial waters off Basra, Iraq, April 17, 2026. REUTERS/Mohammed Aty
May 6, 2026

Oil slides after Pakistani source says US and Iran are close to framework peace deal

Oil prices dropped sharply after a Pakistani source said the US and Iran are close to an initial peace deal, easing tensions in the Strait of Hormuz.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
May 4, 2026

Oil prices jump 5% as Iran attacks UAE, vessels in Strait of Hormuz

Oil prices jumped about 5% as Iran attacked UAE ports and vessels near the Strait of Hormuz, raising concerns over global oil supply routes.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2026. REUTERS/Brendan McDermid
Apr 30, 2026

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years

Wall Street stocks rose with the S&P 500 and Nasdaq logging their biggest monthly gains in years amid strong earnings and easing oil prices.

An oil pumpjack is pictured in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol
Apr 30, 2026

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Oil prices surged to a four-year high amid fears of a prolonged US-iran conflict disrupting middle east supply, then retreated amid market volatility.

This spring, the Iran conflict disrupted trade in the Strait of Hormuz, where a quarter of the world’s oil supply typically passes. Reuters file photo
Apr 29, 2026

Iran war repercussions impact shipping, oil

Global shipping companies face major disruptions as conflict in the Persian Gulf halts traffic through the Strait of Hormuz, impacting Virginia's fuel and trade costs.

A visitor stands next to an electronic screen displaying Japan's Nikkei stock prices quotation board inside a conference hall in Tokyo, Japan March 4, 2026. REUTERS/Issei Kato/ File Photo
Apr 29, 2026

Oil soars, stocks dip on Iran worries, earnings in focus after Fed

Oil prices surged due to concerns over the Iran conflict while the Federal Reserve kept rates steady, impacting markets amid upcoming tech earnings.

Specialist Glenn Carell, left, and trader Robert Charmak work on the floor of the New York Stock Exchange, Thursday, Dec. 11, 2025. (AP Photo/Richard Drew)
Apr 28, 2026

Oil prices rise with eyes on Iran, UAE; AI concerns weigh on stocks

Oil prices rose amid the Iran conflict stalemate and the UAE quitting OPEC, while AI concerns weighed on U.S. and global stock markets.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. REUTERS/Jeenah Moon
Apr 28, 2026

Oil prices hit $110 and stocks fall on Iran impasse and AI

Oil prices rose above $110 a barrel amid the stalled Iran conflict, while AI-related tech stocks fell as investors reassessed momentum and earnings season.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Apr 27, 2026

Oil prices hit two-week high as Iran talks stall and Strait shipments lag

Oil prices climbed to a two-week high as U.S.-Iran peace talks stalled and shipments through the Strait of Hormuz remained limited, tightening global supplies.

The sun sets behind an oil pump outside Vaudoy-en-Brie, near Paris, France, March 18, 2026. REUTERS/Christian Hartmann
Apr 24, 2026

Oil volatile as supply worries offset hopes for Iran-US talks

Oil prices fluctuate as supply concerns from the Strait of Hormuz disruption offset hopes for renewed Iran-US peace talks hosted by Pakistan.

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
Apr 22, 2026

Oil prices rise after reports container ships in Hormuz hit by gunfire

Oil prices rose 2% after gunfire attacks on container ships in the Strait of Hormuz amid stalled U.S.-Iran peace talks and supply concerns.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Apr 21, 2026

Oil prices climb 3% after Trump says he does not want to extend Iran ceasefire

Oil prices climbed about 3% after President Donald Trump said he does not want to extend the Iran ceasefire, raising tensions and impacting global markets.

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