Oil price

Oil price

Representational image. Photo: Reuters

Oil up slightly ahead of long US weekend as peace efforts hold

Shipping has partially resumed through the Strait of Hormuz, as called for under the initial deal between Iran and the United States, ​after the two countries exchanged strikes last weekend...

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

A weak dollar has also provided support for crude prices as a lower dollar makes oil less expensive for buyers. Photo: Collected

Consumers unlikely to get relief from oil price drop soon

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil extends losses as Trump calls off planned strikes on Iran

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil little changed on uncertainty over US-Iran peace deal

Representational image

Oil falls as Lebanon and Israel agree on a ceasefire

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil opens up as US toughens terms of Iran war agreement

Illustration: Ashrafun Naher Ananna/TBS Creative

Oil jumps as US, Iran disagree on peace proposal

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil slips after Trump says US will help free ships stranded in Strait of Hormuz

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026. REUTERS/Stringer

Oil prices rise with no sign of an end to Iran war

Representational Image. Photo: BSS

Oil plunges, stocks jump as Iran declares Hormuz open

File Photo: Reuters

Oil falls by 13% after Iran declares Strait of Hormuz open

A woman reacts as people gather after a two-week ceasefire in the Iran war was announced, in Tehran, Iran on 8 April 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Iran says peace talks would be 'unreasonable' following Israeli strikes