Brent crude
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worldUS and Iran Envoys Head to Switzerland as Israeli Strikes Test Lebanon Ceasefire
US envoy Steve Witkoff and Iranian FM Abbas Araqchi travel to Switzerland for peace talks. However, fresh Israeli strikes in Lebanon threaten the fragile ceasefire essential for a lasting regional deal.
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financeBrent Crude Surges Past $80 as US-Iran Diplomatic Talks Collapse
Oil prices rebound above $80 following cancelled US-Iran negotiations, reigniting supply fears for the Strait of Hormuz and impacting global inflation and crypto markets.
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financeOil Plunges as US-Iran Deal Reopens Strait of Hormuz Shipping
Brent crude dropped to $75.55 after a US-Iran memorandum restored Strait of Hormuz access. Six million barrels of Saudi oil transited immediately, easing tensions while shelving Iranian crypto toll plans.
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financeOil Prices Plunge to Pre-Conflict Lows Following Iran Ceasefire Agreement
Brent crude dropped below $80 per barrel after an Iran ceasefire deal eased geopolitical tensions and reduced risk premiums associated with Strait of Hormuz transit.
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financeOil Prices Tumble as US-Iran Peace Deal Reopens Strait of Hormuz
Crude futures dropped over 1% after the U.S. and Iran signed an interim agreement restoring Strait of Hormuz passage, signaling potential supply gluts and shifting Federal Reserve rate expectations.
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financeIEA Demands Strait of Hormuz Reopen Within 60 Days Following US-Iran Framework
IEA Executive Director Fatih Birol welcomes the US-Iran deal but mandates a 60-day timeline for reopening the Strait of Hormuz to stabilize global energy markets and prevent further reserve depletion.
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worldUS and Iran Sign Initial Peace Deal at G7 Summit
Presidents Trump and Pezeshkian signed a peace memorandum in France to end hostilities, reopen the Strait of Hormuz, and initiate nuclear negotiations amid domestic political backlash.
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financeUS-Iran Peace Deal Signals Relief as IEA Forecasts Severe 2026 Oil Deficit
Brent crude drops to $84 as US and Iran sign interim peace deal. IEA projects 3.9 million bpd supply deficit in 2026 following Strait of Hormuz disruptions.