oil prices

Oil prices are projected for a second straight weekly gain despite easing on Friday. This outlook stems from the fading hopes of a swift reopening of the Strait of Hormuz, further exacerbated by U.S. plans to increase economic pressure on Iran.

Oil prices rose 3% after U.S. President Donald Trump sharpened his rhetoric against Iran. The increase in oil movement occurred despite an ongoing talks impasse.

Following a declaration by Donald Trump of an economic war on Iran, oil prices jumped. Trump stated that any country supporting Iran’s economy would face "tremendous economic consequences." The statement was made in a post on Truth Social.

Emerging-market currencies reached a fresh record, driven by weak dollar dynamics that increased the appeal of a popular trade despite rising oil prices. South Korea’s technology stocks specifically led a notable rebound among developing-nation equities.

Maximilian Uleer of Deutsche Bank AG stated that equities do not face a serious threat from higher bond yields or oil prices. He stipulated that this market resilience is dependent on Brent crude remaining below $100 per barrel.

Shares fell sharply in Asia, with the Kospi specifically down 5.2%. The market decline followed a retreat from its all-time high by Wall Street and saw artificial-intelligence stocks continue their downward trend, while oil prices increased.

The Philippine peso fell to a new record low against the dollar. This currency decline was driven by higher oil prices, which are placing renewed pressure on the peso.

An emerging-markets equity benchmark halted a four-day advance, and a currency gauge retreated from record highs. These market shifts were driven by higher oil prices and a global bond selloff. Both factors combined to weigh on overall risk sentiment.

Global shares generally slipped as concerns regarding rising oil prices and inflation negated the positive impact of strong corporate earnings reports. Key markets saw notable declines, including Japan's Nikkei 225 which sank 2.5%, while France's CAC 40 and Germany's DAX also fell. Analysts noted that despite these dips, robust earnings tied partly to AI have counteracted geopolitical worries concerning crude oil prices linked to the situation with Iran.

US stock-index futures dropped due to rising bond yields and a spike in oil prices. These economic factors unnerved investors, causing the decline.

Asian shares are declining due to rising oil prices and worries about inflation, which are acting as a dampener on some markets. While strong earnings offered perks, these were outweighed by concerns regarding energy costs.

Asian shares are mostly higher after US stocks retreated slightly from their all-time high. This movement followed a report on the U.S. economy that was weaker than expected. Meanwhile, US futures and oil prices remained stable.

Analysts suggest that a rally in the Thai baht may be short-lived because the central bank is expected to maintain a dovish policy stance. This dovish approach is anticipated as support for an economy currently impacted by elevated oil prices.

Shares are generally higher across Asia, with indicators like Kospi rising 4%. The market trends were also noted in U.S. futures, which edged higher, while oil prices simultaneously advanced.

Oil prices rose after deadly attacks on vessels occurred in the Red Sea and Gulf of Oman. These incidents heightened concerns regarding potential risks to global shipping routes.

U.S. Treasury yields edged higher on Tuesday as market activity unfolded against a backdrop of ongoing Iran tensions. Investors are currently awaiting the release of July's inflation data print, coinciding with a jump in oil prices.

Flows into Indian equity funds moderated during July, despite global economic headwinds including a spike in oil prices. Nonetheless, investors continued to invest money specifically into small- and mid-cap strategies.

Asian shares are reported as mixed while oil prices are currently holding steady following an initial 5% gain. This rise in price was attributed to ongoing questions about the reopening timeline of the Strait of Hormuz, which impacts the global flow of crude.

Asian shares are showing mixed performance, although gains were reported by U.S. stocks on Wall Street and oil prices climbed. Within Asia, Japan's Nikkei 225 led advances following the week of trading.

U.S. President Donald Trump claims a deal to reopen the Strait of Hormuz could be announced soon, as Iran and Oman approach an agreement. The closure of the strait, critical to global oil shipments, has disrupted trade and driven up energy prices.

U.S. President Donald Trump stated a deal to reopen the Strait of Hormuz could be announced as early as Wednesday. Iranian and Omani negotiators have finalized a draft agreement, awaiting approval from Iran’s supreme leader, which would temporarily resolve the U.S.-Iran dispute over maritime transit in the strait. The closure of the strait has disrupted global oil and gas shipments, driving up fuel prices and straining the economy.

Crude prices increased after Yemen's Houthis claimed they attacked a Saudi Arabian oil tanker in the Red Sea. The incident led to higher oil prices.

President Donald Trump stated a deal to reopen the Strait of Hormuz could be announced as early as Wednesday or Thursday. Iran and Oman are nearing an agreement where ships would enter through an Iranian-controlled route and exit via an Omani-controlled route, with security and environmental fees. Oil prices eased amid hopes for a resolution to the conflict.

Asian shares surged and oil prices declined following a U.S. stock market rally to records, driven by hopes for a Mideast deal and strong corporate profits.

The US stock market reached a record high due to optimism about the Strait of Hormuz reopening. Oil prices declined as US officials reported progress in negotiations to restore the critical shipping route.

A senior Trump administration official stated that an agreement to restore shipping through the Strait of Hormuz could be reached soon, despite Iran's denial of negotiations. Oil prices have plunged amid these developments.

The US stock market reached record highs as AI-driven corporate profits increased and oil prices declined. The S&P 500 rose 1.8%, the Dow Jones Industrial Average hit a new record with a 1.7% gain, and the Nasdaq Composite surged 2.6%.

The stock market surged and oil prices dropped following signals from the Trump team that an Iran deal could be finalized soon. The potential agreement sparked immediate market reactions.

Oil prices fell after Treasury Secretary Scott Bessent indicated a deal to reopen the Strait of Hormuz might be reached this week, which he stated would ensure freedom of navigation.

The Dow Jones Industrial Average surged 1,000 points driven by strong corporate profits and optimism over a potential Iran deal. Stocks were set to reach new record highs as oil prices declined and companies reported robust earnings.

Big oil companies are reporting record profits due to rising oil prices driven by conflict in Iran, with European firms earning $22 billion in Q1 and U.S. companies like Exxon Mobil and Chevron nearly doubling or quadrupling profits. The situation has caused fuel shortages in parts of Asia and higher energy costs globally, prompting criticism from U.S. President Donald Trump.

Big oil companies in Europe, the Middle East, and the U.S. are reporting record profits amid rising oil prices driven by conflict in Iran and disruptions at the Strait of Hormuz. Companies like BP, Saudi Aramco, Exxon Mobil, and Chevron saw significant profit increases, while President Donald Trump criticized energy firms for high profits despite falling oil prices.

Saudi Aramco reported $33.4 billion in adjusted net income for the second quarter, exceeding analyst expectations, driven by oil prices averaging $108 a barrel amid the Iran war.

Stock futures are rising as oil prices decline due to hopes of a U.S.-Iran agreement to reopen the Strait of Hormuz. Jim Cramer highlights key market factors to monitor.

BP reported record profits of $5.73bn in Q2 2026 as oil prices rose due to disruptions in Gulf energy exports linked to the US-Israeli war on Iran. US President Donald Trump criticized major oil companies for 'making too much money' amid high prices.

President Donald Trump criticized Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He framed the issue amid a 'last chance' for an Iran war deal.

President Donald Trump criticized Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He described the situation as a 'last chance' for an Iran war deal.

President Donald Trump criticized oil companies Chevron and Exxon Mobil for earning excessive profits due to high oil prices. He made the remarks amid a 'last chance' for an Iran war deal.

BP's net profit for the second quarter increased to $3.91 billion from $1.62 billion a year earlier. The profit surge was attributed to the Iran war driving oil prices higher.

A vessel was attacked near the Strait of Hormuz, and rising oil prices highlighted concerns that the U.S.-Iran conflict is not nearing resolution. Iran rejected President Donald Trump's claim that talks are ongoing.