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7 results for "Brent"

Page 1 of 1

MilitaryUpdate🇺🇸United States 🇮🇷Iran22d ago

Brent touches $126 amid US military plan for 'short and powerful' strikes on Iran

7.1/10·MercoPress

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Resolution

🇦🇪United Arab Emirates

🇸🇦Saudi Arabia

6d ago

Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options on Iran. Brent crude futures climbed $2.01, or 1.84 per cent, to $111.27 a barrel by 0432 GMT, but were off the $112 they had touched earlier for their highest since May 5. US West Texas Intermediate crude stood at $107.75 a barrel, up $2.33, or 2.21pc, after a rise to $108.70, its highest since April 30.

5.5/10·DAWN Business

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EconomicCrisis🇺🇸United States 🇮🇷Iran8d ago

Oil prices surged this week after U.S. President Trump and Iran's foreign minister exchanged remarks that dampened hopes for a near-term agreement on ship attacks in the Strait of Hormuz. Brent crude futures rose 7.84% and WTI gained 10.48% amid uncertainty over the fragile ceasefire and potential for prolonged disruptions to vital oil and LNG flows.

5.5/10·Economic Times India·Strait Of Hormuz

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MilitaryResolution🇺🇸United States 🇮🇷Iran15d ago

HOUSTON: Brent crude futures jumped as much as three per cent on Friday, a day after the US and Iran traded air strikes, with traders fretting over the future of the ceasefire and shipping in the Strait of Hormuz. Brent crude futures were at $101.47 a barrel, up $1.41 or 1.41pc by 10:51 CDT (1551 GMT), after rising as much as 3pc earlier in the session. US West Texas Intermediate (WTI) futures were at $95.71 a barrel, up 90 cents, or 0.95pc.

5.5/10·DAWN Business·Houston, Texas

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EconomicUpdate🇺🇸United States 🇮🇷Iran15d ago

Oil prices are heading for a 7% weekly loss as traders grapple with contradictory signals from potential US-Iran negotiations and continued military strikes in the Middle East. ICE Brent crude is set to close around $101 per barrel, caught between optimism over diplomatic breakthrough and concern that ongoing missile and drone attacks will derail talks.

5.5/10·Oil Price (Energy Intel)·Washington, District of Columbia

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EconomicCrisis🇮🇳India 🇺🇸United States 🇮🇷Iran4d ago

The Indian rupee fell to a record low against the dollar Wednesday, pressured by surging oil prices tied to stalled U.S.-Iran diplomatic negotiations. The currency weakness, compounded by overseas investor withdrawals and rising Brent crude costs, is fueling inflation concerns and widening India's balance of payments deficit.

5.2/10·Economic Times

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MilitaryResolution🇺🇸United States 🇮🇷Iran17d ago

'Insider trading': Oil and stocks jolt on news of US-Iran deal as some cry 'manipulation' 'Insider trading': Oil and stocks jolt on news of US-Iran deal as some cry 'manipulation' Submitted by MEE staff on Wed, 05/06/2026 - 18:50 Minutes before the report dropped on a potential peace deal, $920m was wagered on oil prices plunging Traders work on the floor of the New York Stock Exchange at the opening bell in New York City, on 30 April 2026 (Timothy A Clary/AFP) Off A report that  Iran  and the  US  were inching closer to a peace deal sent oil prices plunging and stock indexes soaring, as some traders claimed that the false starts were starting to smell of market manipulation. A report by Axios published on Wednesday said the two countries were closing in on “a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear negotiations”, amid the US-Israeli war on Iran.  Brent crude dropped from $108 per barrel to $97 after the report, before regaining some ground. The international benchmark was still down around seven percent at roughly $102 per barrel.

5.1/10·Middle East Eye

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