Shariq Khan
- Indexed articles, last 90 days
- 8
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- Aug 25, 2026
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- Jul 8, 2026
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Oil settles down more than 3%; investors shrug off US sanctions on Iran (opens the original)
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NEW YORK, Aug 25 (Reuters) - Oil prices settled down more than 3% on Tuesday, at a one-week low as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure less risky for oil supplies than a military escalation. Brent crude futures settled down $3.59, or 3.9%, at $88.58 a barrel, the lowest since August 14. U.S. West Texas Intermediate crude futures fell $2.65, or 3.1%, to settle at $82.36, the lowest since August 13. The shift from military conflict to
Oil hits more than three-week high as Trump threatens Iran-related retaliation (opens the original)
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NEW YORK, Aug 20 (Reuters) - Oil prices rose to more than a three-week high on Thursday after U.S. President Donald Trump warned of retaliation against nations supporting Iran, his latest attempt to resolve a war that has stranded millions of barrels of Middle Eastern oil. Brent crude futures were up $1.94, or 2.1%, to $93.56 a barrel at 1:49 p.m. EDT, the highest price since July 24. U.S. West Texas Intermediate crude futures for September rose $2.18, or 2.5%, to $88.01 a barrel, also the hi
Oil prices settle 5% lower after claims of progress in US-Iran talks (opens the original)
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NEW YORK, Aug 4 (Reuters) - Oil prices fell more than 5% and settled at a three-week low on Tuesday after comments by Qatari and U.S. officials raised hopes for a diplomatic resolution to the Iran war, which could improve oil flows through the Strait of Hormuz. Brent crude futures fell $4.41, or 5.3%, to settle at $79.36 a barrel, the lowest since July 13. U.S. West Texas Intermediate futures settled down $4.57, or 5.7%, at $75.77 a barrel, also a three-week low. U.S. Secretary of State Marco
Oil prices settle at lowest in over a week, as US pauses attacks on Iran (opens the original)
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(Corrects story from July 27 to note that WTI futures settled at lowest since July 17 on the day, not July 16) NEW YORK, July 27 (Reuters) - Oil prices fell on Monday, settling at their lowest levels in over a week, after the U.S. abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would allow shipping to resume in the Strait of Hormuz. Brent crude futures fell $8.42, or 8.7%, to settle at $88.36 a barrel, the lowest since Jul
Oil settles lower, but remains near one-month high on U.S.-Iran tension (opens the original)
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NEW YORK, July 16 (Reuters) - Oil prices settled about 1% lower on Thursday but remained near their highest level since mid-June as the Iran war escalated, with Tehran asking Yemen's Houthi movement to be prepared to close the Red Sea oil export route. Brent crude futures fell 72 cents, or about 0.9%, to settle at $84.23 a barrel. U.S. West Texas Intermediate futures fell 65 cents, or 0.8%, to close at $78.95 a barrel. At their session highs, both contracts were up more than 1%. Thursday's de
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