Oil hits four-week high as Hormuz standoff persists, US quietly reopens shipping corridor
Brent crude climbed to a four-week high as the United States and Iran remain deadlocked over the Strait of Hormuz,…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
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Oil prices jump over 1% as UAE cuts financial ties with Iran
Oil prices jumped more than 1% on Wednesday, with Brent and WTI both near three-week highs, after the United Arab…
Oil prices rise 1% as UAE suspends financial ties with Iran
Brent and WTI crude rose to their highest levels in roughly three weeks after the United Arab Emirates suspended all…
Gold jumps 2.9% as Treasury doubles down on bond buybacks
Spot gold rose 2.9% to $4,458.43 an ounce on Wednesday after the U.S. Treasury said it plans to at least…
Oil eases as prediction markets narrow odds of a new record high
Oil pulled back intraday, with both WTI and Brent settling at $89.26 a barrel. Prediction markets now put the odds…
