Oil Prices
- Oil Whipsaws Back Above $90 as U.S.-Iran Strikes Resume After Brief Lull
Brent crude closed in the $90 range on July 29, up nearly 8%, as renewed U.S.-Iran hostilities erased a three-day slide that had pushed WTI down to $79.
- Brent Crude Climbs Past $94 as US-Iran Clash Stokes Supply Fears
Escalating US-Iran military tensions and a Houthi threat to blockade the Red Sea pushed Brent crude to about $94 a barrel, up 3.36% in a single session.
- Two Chokepoints, One Crisis: Hormuz and the Red Sea Under Simultaneous Threat
What happens if Hormuz and the Red Sea close at once? A look at the oil, LNG and container flows at stake — and why Korea sits at the sharp end.
- Nasdaq Slides as Chip Stocks Sell Off and Oil Jumps
U.S. stocks closed lower with the Nasdaq off more than 1% as semiconductor shares fell and oil prices climbed. Samsung's Seoul drop rippled across chipmakers.
