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strait of hormuz

A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. REUTERS/Mike Blake//File Photo
Apr 1, 2026

US mortgage rates jump to 6.57%, highest since August, MBA says

Mortgage Bankers Association reports US 30-year fixed mortgage rates jumped to 6.57%, highest since august, driven by inflation fears and middle east tensions.

The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026. REUTERS/Benoit Tessier/File Photo
Apr 1, 2026

Oil slides as Middle East uncertainty keeps markets on edge

Oil prices fell as uncertainty over the Middle East conflict and the closure of the Strait of Hormuz disrupted supply, despite U.S. signals of a potential war end.

Oil up more than 2.5% but set for first weekly decline since start of Iran war
Mar 27, 2026

Oil up more than 2.5% but set for first weekly decline since start of Iran war

Oil prices rose more than 2.5% but are set for their first weekly decline since the iran war began amid ongoing conflict and US military buildup.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Mar 25, 2026

Oil falls as reports of 15-point proposal spurs ceasefire hopes

Oil prices fell nearly 5% after reports of a U.S. 15-point proposal aimed at ending the Middle East war, despite ongoing airstrikes between Israel and Iran.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Mar 24, 2026

Oil rises as supply disruption persists and Iran denies US talks

Oil prices climbed due to ongoing supply disruptions in the Strait of Hormuz, while Iran denied having talks with the U.S. to end Gulf tensions.

U.S. dollar banknotes are seen in this illustration taken May 4, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
Mar 23, 2026

Dollar weakens as Trump delays Iran strikes

The dollar fell after U.S. President Trump postponed military strikes on Iran's energy infrastructure, easing tensions and boosting risk assets.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo REFILE - CORRECTING "TANKERS" TO "CARGO SHIPS" AND REMOVING ACTION "SAIL".
Mar 23, 2026

Oil prices plunge 10% on US-Iran talks to resolve the hostilities in the Middle East

Oil prices dropped about 10% following US-Iran talks aimed at resolving Middle East hostilities, easing fears of further escalation and supply disruptions.

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. REUTERS/Arathy Somasekhar/File Photo
Mar 18, 2026

Oil prices jump 5% after Iran threatens to attack Middle East energy

Oil prices jumped over 5% after Iran's Revolutionary Guards threatened attacks on Middle East energy sites, escalating risks to global oil supply amid the US-Israeli conflict.

A sticker featuring U.S. President Donald Trump and Elon Musk, at a gas station on Capitol Hill in Washington, D.C., U.S., March 8, 2026. REUTERS/Nathan Howard/File Photo
Mar 18, 2026

US drivers face long-term pain at pump, analysts say; Trump bets they are wrong

U.S. drivers are expected to face sustained high fuel prices due to the Iran conflict disrupting oil supply, despite President Trump's optimism on price drops.

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo
Mar 17, 2026

Oil prices rise nearly 2% after renewed Iranian attacks on UAE

Oil prices rose nearly 2% following renewed Iranian attacks on UAE oil facilities, raising concerns about global supply disruptions amid the ongoing Iran conflict.

U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein/File Photo
Mar 17, 2026

Trump seeks to delay meeting with China’s Xi by ‘a month or so’

U.S. President Donald Trump requests to delay his China trip by about a month due to the Iran war, affecting U.S.-China relations and foreign policy.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 16, 2026

Oil prices ease as US says it is fine with some ships going through Strait of Hormuz

Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.

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