Friday, May 22 About
AmericaStrikes
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brent

3 articles

Oil Drops After Trump Pauses Iran Strike, But $45 Billion Bill Has Already Hit U.S. Consumers
Analysis
markets

Oil Drops After Trump Pauses Iran Strike, But $45 Billion Bill Has Already Hit U.S. Consumers

Brent and WTI eased after Trump postponed a planned Iran strike, but Americans have already absorbed an estimated $45 billion in higher fuel costs since the war began.

3d ago
Oil Crashes 7.8%, S&P 500 Hits Record as Iran Deal Hopes Build
markets

Oil Crashes 7.8%, S&P 500 Hits Record as Iran Deal Hopes Build

Brent crude tumbled to $101.31 and U.S. stocks ripped to record highs Tuesday as Iran's IRGC Navy reopened Hormuz to safe passage and U.S.-Iran memorandum talks advanced.

May 6, 2026
Brent crosses $126 intraday as Trump rejects Iran's Hormuz proposal
markets

Brent crosses $126 intraday as Trump rejects Iran's Hormuz proposal

Brent briefly traded above $126 Thursday before settling near $120 after the president rejected Tehran's offer to lift the Hormuz blockade in exchange for delayed nuclear talks.

April 30, 2026