U.S. crude

Global shares rose following a Wall Street rally amid easing oil prices. The U.S.-Japan currency intervention influenced yen and dollar fluctuations, while analysts debated its effectiveness. Oil prices increased as concerns over Iran eased after Trump's comments.

Oil prices are expected to rise due to disruptions in the Strait of Hormuz and attacks in the Red Sea, with US crude projected to average $80.14 a barrel, up from June's $79.49.

US jobless benefits filings rose to 197,000 last week, the highest since a 50-year low, but layoffs remain historically low. The Federal Reserve's PCE inflation metric hit 3.7%, above its 2% target, while the economy grew at a 1.5% annual rate in Q2. Companies like Verizon, UPS, Amazon, Disney, Starbucks, Walmart, and Microsoft have cut jobs recently.

Asian shares rose following Wall Street gains despite rising oil prices and inflation concerns. Key indices like the Nikkei 225, S&P/ASX 200, and Kospi saw significant gains, driven by AI-related stocks such as Micron Technology and Nvidia. Rising oil prices, including a $1.04 increase in Brent crude, added economic pressure.

Asian shares rose following a Wall Street rally, with indices like the Nikkei, Kospi, and S&P/ASX 200 gaining, while AI-related stocks such as Micron and Nvidia surged. Brent crude and U.S. oil prices increased amid U.S.-Iran tensions, raising inflation concerns despite slowing price growth.

U.S. gas prices have risen to an average of $4 per gallon as tensions between the U.S. and Iran escalate. The national average is up from $3.14 a year ago, with some states paying significantly more. Rising oil prices, including Brent crude at $86.46 and U.S. crude at $79.91 per barrel, contribute to the increase, impacting affordability ahead of midterm elections.

U.S. gas prices have risen to $4 per gallon as tensions between the U.S. and Iran escalate, reversing a previous dip caused by an interim deal. AAA reports the national average, with prices varying by state due to supply and tax differences. Oil prices, including Brent crude and U.S. crude, have increased amid renewed conflict fears.

U.S. gas prices averaged $4 per gallon as the U.S. and Iran launched attacks, according to AAA. Prices vary by state due to supply and tax factors, with oil prices rising as tensions escalate. Affordability concerns may influence the U.S. midterm elections, and President Donald Trump previously criticized the slow decline in gas prices.

U.S. gas prices have risen to an average of $4 per gallon due to attacks between the U.S. and Iran, with state prices varying widely. Oil prices have increased as tensions escalate, impacting global affordability and potentially influencing U.S. midterm elections.

Asian oil buyers are increasing their purchases of US crude as the Iran war escalates. The article references an oil refinery in Mumbai.

Asian stocks rose due to increased buying of technology-related shares, while oil prices declined as traders observed tensions between Iran and the U.S. South Korea's Kospi and Japan's Nikkei 225 gained significantly, and tech stocks like SK Hynix and SoftBank Group saw notable gains. Oil prices fell amid limited vessel traffic through the Strait of Hormuz.

Global shares traded mixed amid uncertainty over Middle East conflict and Strait of Hormuz access, while the U.S. dollar reached a 40-year high against the yen. Crude oil prices drifted as U.S. envoys discussed Iran deal implementation in Qatar.

Asian shares traded mixed as uncertainty over an Iran-US deal and the Strait of Hormuz's recovery weighed on markets. Japan's Nikkei 225 rose 0.6%, while Australia's S&P/ASX 200 fell 0.4% and South Korea's Kospi dropped 1.8%. Oil prices drifted amid U.S. envoys' talks in Qatar, and U.S. stocks trimmed losses with the S&P 500 up 0.8% despite AI sector volatility.

Wall Street indices showed mixed premarket performance as oil prices declined due to optimism over U.S.-Iran negotiations. High-level talks in Switzerland concluded with encouraging progress reported by mediators Qatar and Pakistan, while the Strait of Hormuz's status remains disputed. Asian and European stock markets saw varied gains, driven by AI-related sectors and geopolitical developments.

Asian shares were mixed and oil traded below $80 a barrel as markets reacted to optimism over an interim U.S.-Iran war deal. The U.S. Federal Reserve began its policy meeting amid expectations of a rate hold, while oil prices stabilized after sharp declines linked to hopes of reopening the Strait of Hormuz.

Asian shares were mixed and oil prices fell below $80 per barrel as markets reacted to optimism over an interim U.S.-Iran war deal. The Federal Reserve's policy decision and potential normalization of oil flows through the Strait of Hormuz influenced market movements, while U.S. crude and Brent crude prices declined slightly.

Oil prices fell to three-month lows as the US and Iran agreed to end a US blockade of Iranian ports and reopen the Strait of Hormuz. Analysts note ongoing challenges in restoring normal oil flows despite improved market sentiment.

Wall Street showed mixed performance in early Friday trading as markets awaited May U.S. jobs data, with S&P 500 and Nasdaq futures declining while Dow futures edged higher. Analysts anticipate 105,000 jobs added in May, down from April, amid concerns over AI's impact on hiring and elevated oil prices due to the Iran war. Regional markets in Asia and Europe showed varied results, with South Korea's Kospi and Japan's Nikkei declining significantly.

Oil prices rose on Friday following reports that China has agreed to purchase crude oil from the United States, according to statements made by Trump following talks with Xi. This trade development signals a potential easing of trade tensions between the two countries.

Iran warns that U.S. President Donald Trump's blockade against Iran is 'doomed to fail' as oil prices surge to a four-year high. Oil prices rose over 10% due to fears of prolonged supply disruptions amid Trump's threats of intensified military action against Iran.

Iran's announcement that the Strait of Hormuz is 'completely open' led to a sharp drop in oil prices and a relief rally in global markets, including equities and cryptocurrencies. The move eased inflation expectations and reduced recession risks, with transportation and consumer sectors expected to benefit, while energy stocks faced pressure.