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Trump says rising economic costs will not force him into Iran deal Read More »
U.S. stocks inched to more records after oil prices fell back to where they were in mid-April U.S. stocks inched to more records after oil prices fell back to where they were in mid-April. The S&P 500 edged up by less than 0.1% Wednesday. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite
How major US stock indexes fared Wednesday 5/27/2026 Read More »
Oil prices fell on Wednesday after surging 4% in the previous session, as traders awaited clearer signals on complex negotiations between Iran and the US after renewed hostilities disrupted efforts to reopen the Strait of Hormuz. Brent crude futures fell $1.42, or 1.43%, to $98.16 a barrel by 02:53 GMT, while US WTI crude futures
Oil falls as traders seek clarity on US-Iran talks Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Set us as your preferred Google source Premium Content By Tom Kool – May 26, 2026, 10:23 AM CDT Oil prices whipsawed after reports of a
Trump’s Iran Signals Send Oil Markets Into Chaos Read More »
Hungary’s aviation fuel supply has been the subject of speculations due to the conflicts in the Middle East and the blockade of the Strait of Hormuz. Recently, Hungarian oil company MOL released an important statement, reacting to the growing concerns about global kerosene shortages that may affect Budapest Airport. MOL posted an important press release
What’s going to happen to Budapest Airport? How much fuel do they really have? Read More »
Crude oil prices fell sharply again, with Brent crude slipping to around $97-$98 a barrel after touching highs of nearly $120 earlier this year amid the West Asia crisis and the Strait of Hormuz closure. Markets are now reacting to signs of a possible US-Iran peace framework that could eventually reopen Iranian oil exports. Despite
Brent slips below $100 as US-Iran deal hopes cool crude oil rally Read More »
A workers adjusts flow of oil at a refinery. — Reuters/File Trump says there is no rush for Iran deal, US blockade stays. Washington cites progress on efforts to resolve Iran conflict. Brent, WTI touched lowest levels since May 7 earlier in session. Oil prices hit two-week lows on Monday on optimism that the United
Crude oil slips to 2-week low as US, Iran seen moving closer to peace deal Read More »
Pedestrians walk through a train station on August 05, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s Nikkei 225 breached 65,000 for the first time Monday, hitting a record high in holiday-thinned Asia trading after reports that the crucial Strait of Hormuz may reopen soon pushed oil prices down
Japan’s Nikkei 225 tops 65,000 for first time as oil falls on Hormuz reopening hopes Read More »
Crude oil prices fell more than 4% on Sunday after President Donald Trump indicated that talks with Iran to reopen the Strait of Hormuz are advancing, though he said the U.S. would not rush a deal. West Texas Intermediate futures fell about 5% to $91.65 per barrel by 7:13 p.m. ET. International benchmark Brent futures
Oil prices fall 5% after Trump says Iran talks proceeding in a ‘constructive manner’ Read More »
By Julianne Geiger – May 22, 2026, 1:31 PM CDT Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States, reminding traders yet again that optimism around diplomacy and reality on the ground are not always moving in the same direction.
Oil Prices Rise as Iran Tempers U.S. Deal Hopes Read More »
