Exactly two months ago, on the sixth day of the war in Iran, Donald Trump hosted a White House event intended to honor a championship soccer team, though the president took some time to comment on an issue on the minds of many. “Yesterday, my administration announced decisive action to help keep down the oil […]
2 months later, Trump’s boast about ‘stabilizing’ oil prices looks ridiculous Read More »
NEW YORK — The U.S. stock market is ticking toward records after an easing of oil prices let Wall Street turn its focus back to the big profits that companies keep producing. The S&P 500 rose 0.6% early Tuesday and was flirting with its all-time high set at the end of last week. The Dow
US stocks edge up toward more records as crude oil prices ease Read More »
Oil prices are on track to close the week below $110 per barrel after sharp swings in trading, driven by shifting geopolitical signals and supply-side developments. Brent crude’s June contract briefly surged to $126 per barrel on Thursday before easing, as markets reacted to Iran’s proposal for renewed negotiations sent to the Trump administration through
Oil heads for weekly drop below $110 amid Iran talks and market jitters Read More »
By Josh Owens – May 03, 2026, 8:40 PM CDT Oil prices edged lower in early Asian trading on Monday after President Trump announced the U.S. would guide ships through the Strait of Hormuz and OPEC+ confirmed a modest output increase. At the time of writing, WTI crude was down 0.65% at $101.30, while Brent
Oil Prices Fall as Trump Launches “Project Freedom” and OPEC+ Increases Output Read More »
AFP 3 May, 2026 06:53 PM 4 mins to read Commuters make their way past an anti-US billboard referring to President Donald Trump and the Strait of Hormuz, installed on a building at the Valiasr Square. Photo / AFP Commuters make their way past an anti-US billboard referring to President Donald Trump and the Strait
Iran weighs US response to peace plan after warning against military action Read More »
China voided US sanctions on five refineries buying Iranian oil, holding crude near multi-year highs as markets watch. The post Oil Price Hits $120 as China Blocks US Sanctions on Five Refineries appeared first on BeInCrypto… https://beincrypto.com/china-blocks-us-sanctions-oil-price-rally/
Oil Price Hits $120 as China Blocks US Sanctions on Five Refineries Read More »
Nigeria recorded an estimated N5.13 trillion surge in oil revenue within two months as global crude prices spiked sharply following tensions arising from the United States–Iran conflict, significantly exceeding projections in the Federal Government’s 2026 budget. The crisis, which began on February 28 when oil prices were below $70 per barrel, has since driven prices
Iran war : Nigeria rakes in N5.13tn oil revenue amid soaring fuel prices Read More »
## Market Snapshot The market for WTI Crude Oil prices in May 2026 currently shows expectations for price increases, driven by geopolitical tensions surrounding the US-Iran conflict. Meanwhile, the Bitcoin price market for May 1 indicates a slight decrease in confidence, with odds at 99.9% YES, down from 100% previously. ## Key Takeaways – The
US-Iran conflict fuels WTI crude oil price hike expectations for May 2026 Read More »
The closure of the Strait of Hormuz and surging oil prices amid the conflict in Iran are causing turbulence for airlines and Americans’ travel plans. Oil prices have skyrocketed since the war began, and futures of international benchmark Brent crude were about $114 per barrel on Thursday… https://thehill.com/policy/energy-environment/5858507-iran-war-oil-prices-jet-fuel-strait-of-hormuz/
Wartime oil prices cause turbulence for flights: When will US feel the pinch? Read More »
TLDR Brent crude rose above $111 a barrel, with WTI near $106, up 12% this week Oil has surged more than 25% over the past two weeks as the Strait of Hormuz remains closed Iran’s Supreme Leader vowed to maintain control of the strait and protect nuclear and missile programs ConocoPhillips warned of “critical shortages”
Oil Prices Hit 2022 Highs as U.S.-Iran War Keeps Strait of Hormuz Closed Read More »
