U.S. oil jumps 5% as doubt grows over U.S.-Iran deal to reopen Strait of Hormuz
Oil prices jumped Monday as doubt grew that Washington and Tehran will reach a deal to reopen the Strait of…
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US oil reserve falls below 300 million barrels as crude jumps on fading Iran deal hopes
The US Strategic Petroleum Reserve fell to 298.7 million barrels last week, its lowest level since 1983, as oil prices…
US Blockade Leaves Iran’s Kharg Island Oil Terminal Idle for at Least a Week
Satellite and shipping data show Iran's Kharg Island, the terminal that handles most of the country's crude exports, has not…
Oil climbs 4% as Iran rules out U.S. talks, ties Hormuz reopening to unmet demands
Oil prices jumped 4% on Monday, rebounding from a weekly slide of more than 7%, after Iran ruled out direct…
S&P 500 holds near flat as Hormuz doubts and Intel offering weigh on tech
The S&P 500 held close to flat on Monday, caught between renewed doubts over a deal to reopen the Strait…
