Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not be coming anytime soon. Source link
WTI Crude (Sep'25)
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Here’s how we played the massive rebound in AI stocks this week
AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial Average and S & P 500 both touching record highs. The blue-chip index closed at a…
Oil rises amid supply fears on Iran’s draft plan for Strait of Hormuz
A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…
Iran’s chief negotiator accuses Trump of ‘theater diplomacy’
Iranian Parliament Speaker Mohammad Bagher Ghalibaf speaks at a press conference in Tehran, Iran, Dec. 2, 2025. Shadati | Xinhua News Agency | Getty Images Iran’s chief negotiator has accused U.S. President Donald Trump of staging “theater diplomacy,” as Washington and Tehran offer conflicting accounts of bilateral engagement aimed at ending the months-long hostilities. “‘Massive…
Oil prices move higher after Yemen’s Iran-backed Houthis claim Saudi tanker strike
Crude prices rebounded on Wednesday after Yemen’s Iran-backed Houthi miitants claimed they had struck a Saudi Arabian tanker in the Red Sea. Brent crude, the international price benchmark, was last seen trading at $80.32 a barrel, an increase of more than 1.2%, while U.S. West Texas Intermediate futures for September delivery rose 0.67% to $76.28….
Oil tumbles after Bessent says Hormuz deal may come this week
Oil prices fell sharply Tuesday after Treasury Secretary Scott Bessent indicated there may be a deal to open the key Strait of Hormuz as soon as this week. Brent, the international oil benchmark, slid 5% to $79.51 per barrel. West Texas Intermediate futures lost 5.7% to settle at at $75.77. “We are in talks with…
Trump warns Iran talks are ‘last chance’ to end war
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026. Afp | Getty Images President Donald Trump has warned that the latest round of negotiations with Iran is the “last chance” to bring an end to the five-month conflict. Trump told reporters in the Oval…
Jim Cramer’s top 10 things to watch in the stock market Monday
My top 10 things to watch Monday, Aug. 3 1. Peace talks between the U.S. and Iran are back on the menu, so oil prices are falling. WTI crude is off more than 5%, trading below $80 a barrel this morning. Stock futures are higher across the board, led by the Dow . Within our…
Market scored on Iran war oil price boom. Staying long may not be wise
A sailor observes the oil tanker HELGA, which is moored at one of Iraq’s southern offshore oil terminals near Basra, as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters The past week’s earnings from the energy…
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…