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oil-prices

Qatar Signals Progress in US-Iran War Talks

Qatar's foreign ministry said mediators including Qatar, Pakistan, and Oman have reached "very progressive stages" in efforts to end the US-Iran war, pushing Brent crude down more than four percent.

Aramco Q2 Profits Surge as Iran War Lifts Oil Prices

Saudi Aramco reported sharply higher second-quarter 2026 profits as the Iran war restricts global oil supply and pushes crude prices up. Other oil supermajors also posted outsized earnings, raising concerns about sustained fuel cost pressure for importing economies.

Trump Issues Last Chance Warning on Iran Talks

President Trump called current Iran negotiations the "last chance" to end five months of conflict, pushing oil prices higher. Tehran denied formal talks are taking place, raising the risk of a diplomatic breakdown with direct consequences for global energy markets.

Sensex Gains 500 Points as Oil Falls on Iran Talks

The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.

Trump Launches Iran Talks, Oil Falls 4.7%

Trump announced fresh US-Iran negotiations starting Monday, stepping back from a threatened major military strike. Oil prices dropped 4.7 percent on the news, while a tanker explosion near Oman underscored continued risk in the Strait of Hormuz.

Oil Falls 4% as Trump Cancels Iran Strike

Oil prices fell more than 4% on Monday after President Donald Trump said he called off a planned military strike on Iran. The move unwound the geopolitical risk premium traders had built into crude prices, with broader market direction now shifting back to supply and demand fundamentals.

Trump Pauses Iran Strike, Demands Fast Nuclear Deal

President Trump said Saturday he is holding off on a fresh Iran strike to allow time for a deal to halt Tehran's nuclear program and reopen the Strait of Hormuz. Oil markets remain tense as Iran warned of decisive retaliation and Brent crude has already risen 24 percent in July 2026.

Dow Drops 900 Points Before Fed Rate Decision

The Dow Jones dropped roughly 900 points ahead of the US Federal Reserve's July 2026 rate decision as rising oil prices stoked fears of a more hawkish signal from Fed Chair Kevin Warsh. Rate-sensitive stocks and broader equities sold off as traders cut risk before the Fed's announcement.

India 10-Year Bond Yield Hits 2-Month Drop

India's 10-year bond yield fell sharply on Monday, its biggest drop in two months, after Brent crude collapsed nearly 13% across two sessions following a US-Iran fighting pause. Lower oil prices ease India's inflation and current account risks, giving the RBI more room to hold its easing stance.

Oil Falls 6% on US-Iran Strike Pause

Brent crude dropped $6.20 to $90.58 and WTI fell $5.80 to $83.51 on Monday after the US and Iran paused military strikes, raising hopes of a diplomatic solution. Shipping through the Strait of Hormuz remains well below normal, and Houthi attacks on Saudi Red Sea installations keep the supply outlook fragile.

Brent Crude Tops $100 on Houthi Tanker Attacks

Brent crude surged past $100 a barrel on Thursday after Houthi forces attacked two Saudi oil tankers in the Red Sea, adding pressure to an already disrupted Strait of Hormuz. Goldman Sachs now sees Brent potentially exceeding $120 in Q4 2026 if both chokepoints remain closed.

US Hits Iran Again as Oil Tops $100

US forces struck Iran for a thirteenth consecutive night, hitting military sites linked to shipping threats in the Strait of Hormuz, after Houthi rebels attacked two Saudi oil tankers in the Red Sea. Brent crude surged past $100 a barrel and tanker traffic through the Strait of Hormuz fell to its lowest since May 7.

Dow, S&P 500, Nasdaq Slip on Oil, Earnings Watch

The Dow, S&P 500, and Nasdaq all fell on July 24, 2026, as rising oil prices pressured sentiment. Investors were also holding back ahead of major earnings reports from Alphabet and Tesla, two of the heaviest-weighted names in U.S. indexes.

Oil prices hit $100 for the first time since May

Brent crude surged past $100 per barrel on Thursday, up more than 5% in a single session, as the Middle East conflict continues to escalate. The move raises fresh inflation risks for oil-importing economies and puts pressure on fuel costs globally.

Iran declares full-scale war as US strikes Bushehr

Iranian President Masoud Pezeshkian declared his country is in a "full-scale war" with the US as American strikes hit Bushehr, home to Iran's only nuclear power plant, for the ninth consecutive night.

Iran Widens Gulf Strikes After Seventh US Night Raid

Iran struck Kuwait, Bahrain, Saudi Arabia, and Jordan on Saturday as the US completed its seventh straight night of strikes on Iranian military targets. Oil prices rose more than 4 percent, and the Strait of Hormuz faces growing disruption risk, threatening global energy supplies.

Oil Surges 12% as US-Iran Strikes Escalate

Brent crude rose to $84.30 and WTI to $79.11 on Friday, with both benchmarks up nearly 12 percent for the week after the US launched six consecutive nights of strikes on Iran. Tehran has told Houthi forces to be ready to shut the Red Sea route if US strikes hit Iranian power infrastructure.

US-Iran War Expands to Gulf Bases, Oil Prices Surge

US forces completed a seventh straight night of strikes on Iranian military and logistics sites while Iran hit US bases in Kuwait and Jordan. Oil prices surged over four percent as both sides actively disrupted shipping through the Strait of Hormuz, threatening one-fifth of global oil supply.

US-Iran Strikes Continue, Hormuz Shipping Halted Again

US forces struck Iranian military targets near Bandar Abbas and Qeshm Island for a sixth straight night, while Iran attacked US facilities in Bahrain and Kuwait. The Strait of Hormuz remains largely closed to shipping, pushing global energy prices higher as both sides escalate.

Trump Drops Hormuz Fee, Seeks Gulf Investment Deals

Trump dropped a proposed 20 percent Hormuz transit fee hours before it was set to take effect, saying Gulf states will make investment deals with the US instead. Oil rose two percent as US strikes on Iran continued for a third night and regional exchanges escalated across Jordan, Bahrain, and Kuwait.

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oil-prices

Qatar says progress made toward US-Iran talks on ending war

Qatar's foreign ministry said mediators including Qatar, Pakistan, and Oman have reached "very progressive stages" in efforts to end the US-Iran war, pushing Brent crude down more than four percent.

23d ago · 4 min · Global Affairs