Explore

Reuters Reuters
Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy

Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy

By Seher Dareen LONDON, Aug 28 (Reuters) - Oil prices fell on Friday and were on track for a weekly drop as traders weighed crude flows making it through the Strait of Hormuz against the deadlock in U.S.-Iran diplomacy. Brent crude futures were down 40 cents or 0.45% to $89.30 a barrel at 1231 GMT.
Reuters Reuters
Oil on track for weekly loss even as Iran tensions simmer

Oil on track for weekly loss even as Iran tensions simmer

SINGAPORE, Aug 28 (Reuters) - Oil prices fell on Friday and are on track to snap a two-week winning streak, despite settling higher in the previous session following a report that U.S. President Donald Trump is not interested in returning to previous deal terms with Iran.
Reuters Reuters
Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms

Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms

By Siddharth Cavale NEW YORK, Aug 27 (Reuters) - Brent crude prices settled up by 2.1% on Thursday, snapping a three-session losing streak, after a Wall Street Journal report said U.S.
Reuters Reuters
Oil extends losses on hopes for Middle East talks to ease supply woes

Oil extends losses on hopes for Middle East talks to ease supply woes

By Laila Kearney and Emily Chow SINGAPORE, Aug 27 (Reuters) - Oil prices fell on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from the war in the Middle East. 
Reuters Reuters
Oil rises by over $1 as White House says no US-Iran talks happening

Oil rises by over $1 as White House says no US-Iran talks happening

By Siddharth Cavale NEW YORK, Aug 27 (Reuters) - Oil prices rose by more than $1 on Thursday, after Washington confirmed it was not in talks with Iran despite diplomatic efforts by other countries, and hopes dimmed for a resumption of oil flows through the Middle East.
Reuters Reuters
Oil rises as investors weigh Hormuz talks

Oil rises as investors weigh Hormuz talks

By Georgina McCartney HOUSTON, Aug 26 (Reuters) - Oil prices rose in a choppy session on Wednesday, as investors monitored talks between Iran and Oman on the Strait of Hormuz and a smaller-than-expected rise in U.S. crude stocks. 
AP News AP News
The Latest: Trump signs order to rename Lake Ontario to ‘Lake America’

The Latest: Trump signs order to rename Lake Ontario to ‘Lake America’

President Donald Trump says he is renaming Lake Ontario as "Lake America" in the U.S. This move comes as he intensifies a trade war with Canada
AP News AP News
Iran scrambles to sustain trade as US threatens to sanction countries that refuse to break ties

Iran scrambles to sustain trade as US threatens to sanction countries that refuse to break ties

Iran's economy is poised for more instability as the Trump administration tries to coerce other countries into ending all financial dealings with the Islamic Republic
Reuters Reuters
World stocks steady as Nvidia outlook lifts tech shares

World stocks steady as Nvidia outlook lifts tech shares

By Gregor Stuart Hunter and Danilo Masoni SINGAPORE/MILAN, Aug 27 (Reuters) - Stocks steadied on Thursday after Nvidia's strong sales growth forecast bolstered technology shares, while geopolitical uncertainty and data showing the Federal Reserve's preferred U.S. inflation measure is stubbornly high
Reuters Reuters
Morning Bid: Six months and counting

Morning Bid: Six months and counting

By Anna Szymanski Aug 28 (Reuters) - From the Editor U.S. President Donald Trump originally said the Iran war would last four to five weeks, but we’re now hitting the six-month mark.
Reuters Reuters
Oil gains as traders weigh prospects of Hormuz reopening

Oil gains as traders weigh prospects of Hormuz reopening

By Anushree Mukherjee Aug 27 (Reuters) - Oil prices rose on Thursday after falling earlier in the session as investors weighed prospects for progress in reopening the Strait of Hormuz and broader Middle East supply risks.
AP News AP News
The Kremlin says the CIA director held talks in Moscow with his intelligence counterparts

The Kremlin says the CIA director held talks in Moscow with his intelligence counterparts

The Kremlin says CIA Director John Ratcliffe held talks in Moscow with his intelligence counterparts, a rare and secretive visit at a time when relations with Washington remain strained over Russia’s war in Ukraine