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West Texas Intermediate

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.

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 1, 2026

US crude exports hit record high in May as Iran war tightens global oil supplies

U.S. crude exports reached a record 5.6 million barrels per day in May as Middle East tensions boost demand from Asian and European refiners.

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.

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.

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
May 15, 2026

Oil prices up 2% as Trump and Iran’s comments dent peace hopes

Oil prices rose about 2% after comments from U.S. President Donald Trump and Iran's foreign minister reduced hopes for peace around the Strait of Hormuz.

An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann
May 12, 2026

Oil prices jump on latest US-Iran peace process impasse

Oil prices rose more than 3% as US-iran peace talks stall, raising supply concerns amid tensions over the strait of Hormuz and Middle East conflict.

Tugboats guide a crude oil tanker passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, as it navigates the waters at Daesan port, in Seosan, South Korea, May 8, 2026. REUTERS/Kim Soo-hyeon/File Photo
May 11, 2026

Oil prices rise $2 as US-Iran talks hit impasse

Oil prices rose more than $2 as US-iran talks stall and the strait of hormuz remains largely closed, impacting global oil supply and markets.

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.

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.

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