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OPEC+

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Apr 13, 2026

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.

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 7, 2026

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.

A cargo ship in the Gulf, near the Strait of Hormuz
Apr 6, 2026

Oil edges up in choppy trade; US, Iran receive ceasefire proposal framework

Oil prices inched up as the U.S. and Iran received a ceasefire proposal framework amid ongoing Middle East supply disruptions affecting global markets.

A cargo ship in the Gulf, near the Strait of Hormuz
Apr 2, 2026

US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

Oil prices climbed near $110 a barrel after President Donald Trump said the U.S. would continue attacks on Iran, raising fears of supply disruptions.

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2026. REUTERS/Brendan McDermid
Mar 11, 2026

S&P 500, Dow end lower as escalating Iran war sours risk appetite

U.S. stocks closed lower amid escalating Iran conflict, rising oil prices, and inflation concerns despite a moderate CPI report. Dow fell 0.61%, Nasdaq gained 0.08%.

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
Feb 16, 2026

Oil prices rise amid US-Iran nuclear talks and OPEC+ supply plans

Oil prices increased by about 1% ahead of US-Iran nuclear talks in Geneva, while OPEC+ plans to resume output increases from April. Tensions and supply factors influence the market.

An oil pumpjack in front of a house in Ganado, Texas, U.S., January 8, 2026. REUTERS/Antranik Tavitian
Jan 26, 2026

Oil prices settle lower as traders assess impact of winter storm on production

Oil prices edged lower as investors assessed U.S. winter storm production losses and rising geopolitical tensions between the U.S. and Iran.

A security guard stands near disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan August 22, 2024. REUTERS/Pavel Mikheyev
Jan 22, 2026

Oil slides as Trump tones down threats against Greenland and Iran

LONDON, Jan 22 (Reuters) – Oil prices fell on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply and demand outlook. Brent crude was down $1.25 cents, or 1.92%, at $63.99 a barrel at 1301 GMT. West Texas Intermediate for March […]

Oil climbs on concerns over potential Iranian supply disruption
Jan 14, 2026

Oil climbs on concerns over potential Iranian supply disruption

LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on Iran and possible retaliation against U.S. regional interests. Brent futures were up 76 cents, or 1.2%, at $66.23 a barrel at 1411 GMT. U.S. West Texas Intermediate […]

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
May 5, 2025

Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production

Wall Street dips as oil falls to a 4-year low and Warren Buffett announces plans to step down. Tech and energy stocks lead market declines.

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