Tag
brent
3 articles

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

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

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