What drove last week’s volatile market

Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while…

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Oil jumps as U.S.-Iran resume strikes after a brief pause

Anton Petrus | Moment | Getty Images Oil rose sharply in Asia trading, following renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles. Futures for international benchmark Brent crude for September delivery gained 3.42% to $86.97 a barrel. U.S. West Texas Intermediate futures for June advanced 3.58% at $82.09 per…

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Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil extended declines on Friday as investors monitored developments in the Middle East conflict while assessing whether recent diplomatic efforts would reduce the risk of supply chain disruptions. International benchmark Brent crude futures for August…

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Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

Oil was in choppy trade on Friday, as markets assess the implications of the interim U.S.-Iran deal and signs that shipping activity through the Strait of Hormuz is recovering. International benchmark Brent crude futures for August fell 0.45% to $79.49 a barrel. U.S. West Texas Intermediate futures for July declined 0.31% to $76.36 per barrel. Stock Chart IconStock chart icon Vice…

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Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Imen Ben Youssef | Afp | Getty Images Oil prices declined Thursday after President Donald Trump reportedly signed ​a deal ​with his Iranian counterpart Masoud Pezeshkian to end the ​war in the Middle East, while the International Energy Agency flagged a supply glut next year. International benchmark Brent crude futures for August dropped 1.13% to $78.65 a barrel. U.S. West…

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