Browsing: Strait of Hormuz

– Oil prices saw a modest rebound on Tuesday, following a decline of more than 2% in the previous session for Brent crude and WTI. Brent futures increased by 27 cents, or 0.3%, reaching $92.44 a barrel at 0330 GMT.

WASHINGTON, D.C. / RankWire.AI / – President Donald Trump announced that the United States would put off an imminent attack on Iran if negotiators could reach a swift agreement. He emphasized that the proposed deal needed to reopen the Strait

Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices climbed more than 4% on Monday, extending an earlier surge that carried Brent crude to $78.68 a barrel. Brent later rose $3.10, or 4.08%, to $79.11 by 3:25 a.m. GMT. U.S. West Texas Intermediate gained $2.95, or 4.11%,

Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after

UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi in Cairo during a fraternal visit focused on UAE-Egypt relations and regional developments. The talks covered cooperation across several sectors, with emphasis on development fields. Both

UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust and support a lasting settlement. Arnault serves as the Personal Envoy of the UN

President Donald Trump concluded talks with Chinese President Xi Jinping in Beijing after the White House said the leaders had a “good meeting” that covered economic cooperation, the Strait of Hormuz and Iran’s nuclear issue. The White House said the