US-Iran war: Oil prices climbed on Wednesday after the United States carried out fresh strikes on Iran in response to Tehran’s attacks on commercial vessels transiting the Strait of Hormuz.
oil prices
Crude Oil Prices Crash 42% From April Peak: Will Oil Prices Fall Further?
Global crude oil prices have seen a massive decline after months of uncertainty and sharp volatility caused by geopolitical tensions in the Middle East. The recent peace agreement between the United States and Iran has helped ease supply concerns, leading to a sharp fall in oil prices.
Iran Ceasefire at Risk: Strait of Hormuz Closure Raises Fresh War Fears
Iran Ceasefire at Risk: The Iran ceasefire is under threat after fresh attacks in Lebanon. Iran shuts the Strait of Hormuz again, raising global tension and market uncertainty.
Crude Oil Jumps Over 1% as Russia-Ukraine Peace Hopes Fade
NYMEX crude oil prices rebounded by more than 1% after the weekend meeting between former US President Donald Trump and Ukraine President Volodymyr Zelensky ended without clear solutions on key issues.
Crude Oil Outlook: Prices Likely to Stay Stable After Recent Volatility
Crude Oil Outlook: WTI’s price appears to have stabilised somewhat since our last report. In today’s report we are to have a look at fundamental issues that could alter its direction, including the US peace plan for the war in Ukraine, OPEC’s intentions, and the state of the US oil market. We are to conclude the report with a technical analysis of WTI’s daily chart.