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Oil pump with an Iran flag in the background

Oil rises on concerns over escalating MidEast tensions

Oil rose today on concerns of a renewed military escalation in the Middle East after Iran released footage of commandos boarding a cargo ship in the Strait of Hormuz, and a lack of progress in re-opening the key waterway.

Business • 2 hrs

Brent crude futures jump on Trump's threats

Oil prices steadied today, holding on to gains from the previous session on stalled peace talks between Iran and the US and continued restrictions on trade through the Strait of Hormuz.

Business • 22 hrs

Traders $430m in bets before Trump ceasefire extension

Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before US President Donald Trump said he would extend a ceasefire with Iran on Tuesday.

Business • 22 Apr

A view of the vessels heading towards the Strait of Hormuz

Oil up on reports container ships in Hormuz fired on

Oil prices rose today, erasing earlier losses after reports of gunfire attacks on at least three container ships in the Strait of Hormuz and a lack of progress in peace talks between the US and Iran.

Business • 22 Apr

3d render Black Oil Barrels and Financial Charts on Stack of $100 Bills, Oil and Finance Concept (Depth Of Field)

Oil prices dip as markets await possible US-Iran talks

Oil prices fell today with expectations that peace talks between the US and Iran might help to reopen the Strait of Hormuz, despite US President Donald Trump saying he does not want to extenda ceasefire which is running out within hours.

Business • 21 Apr

MarineTraffic map showing current ships traffic on Strait of Hormuz

Oil prices rise 5% on fears of US-Iran ceasefire collapse

Oil prices jumped more than 5% in trading today on fears that a fragile ceasefire between the United States and Iran could break down after the US seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.

Business • 20 Apr

US Donald Trump has openly vented his frustration at current Fed Chair Jerome Powell for not lowering rates more

Take 5 - Warsh, war and worsening conditions?

Financial markets are in a buoyant mood as US President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend.

Business • 17 Apr

Oil falls by 13% after Iran says Strait of Hormuz open

Oil prices plunged by about 13% today after Iran's foreign minister said passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period and US President Donald Trump said Iran has agreed to never close the strait again.

Business • 17 Apr

Oil prices stable, hopes for US-Iran talks

Oil prices were little changed on this afternoon after US President Donald Trump said the war with Iran could end soon, telling the world to watch out for an "amazing two days", while US forces imposing a blockade turned back vessels leaving Iranian ports.

Business • 15 Apr

Oil falls as supply concerns ease on US-Iran talks hopes

Oil prices fell today as signs of a possible resumption in talks to end the US-Israeli war on Iran eased supply fears stemming from the blockade of the Strait of Hormuz.

Business • 14 Apr

Physical oil in Europe hit record high near $150 a barrel

Oil prices jumped back above $102 a barrel today the US Navy prepared to block ships to and from Iran via the Strait of Hormuz in a move that could restrict Iranian oil exports after Washington and Tehran failed to reach a deal to end the war.

Business • 13 Apr

The Strait of Hormuz is a vital waterway through which much of the world's oil and gas passes

Oil set for largest weekly loss in 10 months on ceasefire

Oil prices were poised for their biggest weekly declines since last June but remain elevated near $100 a barrel on concerns over supplies from Saudi Arabia and limited flows through the Strait of Hormuz.

Business • 10 Apr

Oil rises about 5% amid Hormuz concerns

Oil prices rose nearly 5% as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted, with shippers hesitant to resume transit.

Business • 09 Apr

Iran truce spurs hopes for world economy, recovery rocky

The ceasefire agreed between Iran and the US should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.

Business • 08 Apr

Image of a business woman in a coral jacket

Oil supply restoration 'could take years' - strategist

A wave of relief has hit financial markets after threats of a devastating escalation of the war were replaced by a temporary truce, according to Wealth Club's Chief Investment Strategist Susannah Streeter.

Business • 08 Apr

Market reaction was swift after US President Donald Trump agreed to a two-week ceasefire with Ira

World shares climb as ceasefire sparks relief rally

Wall Street's main indexes climbed to near one-month highs today after the US and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the Strait of Hormuz could resume.

Business • 08 Apr

Shell cuts gas production outlook, citing Iran conflict

Shell trimmed the first-quarter outlook for its integrated gas production today, reflecting the impact of the Middle East conflict on volumes in Qatar.

Business • 08 Apr

Oil slides below $100 as Trump announces 2-week ceasefire

Oil fell below $100 a barrel today after US President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz.

Business • 08 Apr

A commercial ship is viewed anchored off the coast of the United Arab Emirates

Oil rises as Hormuz stays shut ahead of Trump deadline

Oil prices rose today ahead of a deadline set by US President Donald Trump for Iran to open the Strait of Hormuz or face attacks on power plants and other infrastructure.

Business • 07 Apr

MOSCOW, RUSSIA - MARCH 26: Russian President Vladimir Putin gestures during the Congress of Russian Union of Industialists and Entrepreneurs (RSPP), on March 26, 2026 in Moscow, Russia. President Putin Visited an annual congress of top national businessme

Russia's oil revenues spike due to US-Iran war

Four weeks of the US-Israeli war with Iran and a sharp rise in oil prices have added millions to Russia's budget, energy market analysts say.

Business • 29 Mar

Oil up as investors reassess MidEast ceasefire prospects

Oil rose more than 3% today, rebounding from the previous session's losses, as prospects for a prolonged conflict in the Middle East stoked concerns over further supply disruptions.

Business • 26 Mar

Oil falls as reports of proposals spurs ceasefire hopes

Oil prices slid about 4% today on reports that the US had sent Iran a 15-point proposal aimed at ending the war, prompting talk of progress toward a ceasefire.

Business • 25 Mar

Commercial vessels are pictured offshore in Dubai

Oil prices rise as supply disruption persists

Oil rallied today as the world's biggest supply disruption persisted and Iran denied it held talks with the United States to end the war in the Gulf, contradicting US President Donald Trump, who said a deal could be reached soon.

Business • 24 Mar

Oil sinks after Trump postpones strikes on Iranian plants

Oil prices dropped about 10% to a one-week low today after US President Donald Trump said he would postpone any military strikes against Iranian power plants for five days after constructive talks.

Business • 23 Mar

Indian vessel 'Nanda Devi' carrying liquefied petroleum gas was one of the few commercial vessels that Iran has allowed to pass through the Strait of Hormuz

Oil prices rise despite efforts to open Strait of Hormuz

Oil prices rose again despite the US outlining moves to manage the oil supply crisis, while leading European nations, Japan and Canada offered to join efforts to secure safe passage for ships through the Strait of Hormuz.

Business • 21 Mar

Oil Prices

Oil rises on concerns over escalating MidEast tensions

Brent crude futures jump on Trump's threats

Traders $430m in bets before Trump ceasefire extension

Oil up on reports container ships in Hormuz fired on

Oil prices dip as markets await possible US-Iran talks

Oil prices rise 5% on fears of US-Iran ceasefire collapse

Take 5 - Warsh, war and worsening conditions?

Oil falls by 13% after Iran says Strait of Hormuz open

Oil prices stable, hopes for US-Iran talks

Oil falls as supply concerns ease on US-Iran talks hopes

Physical oil in Europe hit record high near $150 a barrel

Oil set for largest weekly loss in 10 months on ceasefire

Oil rises about 5% amid Hormuz concerns

Iran truce spurs hopes for world economy, recovery rocky

Oil supply restoration 'could take years' - strategist

World shares climb as ceasefire sparks relief rally

Shell cuts gas production outlook, citing Iran conflict

Oil slides below $100 as Trump announces 2-week ceasefire

Oil rises as Hormuz stays shut ahead of Trump deadline

Russia's oil revenues spike due to US-Iran war

Oil up as investors reassess MidEast ceasefire prospects

Oil falls as reports of proposals spurs ceasefire hopes

Oil prices rise as supply disruption persists

Oil sinks after Trump postpones strikes on Iranian plants

Oil prices rise despite efforts to open Strait of Hormuz