Siddharth Cavale
- Indexed articles, last 90 days
- 6
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- Sep 29, 2026
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- Jul 6, 2026
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Target lowers prices on nearly 2,000 items ahead of holiday season (opens the original)
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Sept 29 (Reuters) - Target said on Tuesday it is lowering prices on nearly 2,000 home items, apparel and accessories, to attract cash-strapped shoppers ahead of the all-important holiday season. To navigate a cautious spending environment, U.S. retail giants including Walmart and Target have been announcing price cuts to increase their appeal for households struggling with higher gas prices fueled by the Middle East conflict. Target, which cut prices on more than 3,000 products earlier this year
Oil closes at three-week high as hopes of US-Iran peace deal fade (opens the original)
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NEW YORK, Aug 18 (Reuters) - Oil prices settled at their highest level in more than three weeks on Tuesday after Iran said it would adopt a more offensive stance and the Strait of Hormuz would remain closed, while the United States ruled out extending a ceasefire. Gains were limited, however, with Brent crude futures finishing up 15 cents, or 0.17%, at $91.02 a barrel, while U.S. West Texas Intermediate crude futures closed up 44 cents, or 0.52%, at $84.94 a barrel. Both contracts closed at th
Oil settles down 2% on weak demand outlook, hefty US crude build (opens the original)
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NEW YORK, Aug 13 (Reuters) - Oil settled down more than 2% on Thursday, reversing course after a week of gains, as investors focused on signs of weaker global demand and a sharp build in U.S. crude inventories. Brent and U.S. crude futures contracts pared losses after being down over 3.5% earlier in the session after reports that Yemen's Houthis had targeted a Saudi Aramco refinery with drones, renewing concerns over supply disruptions in an already tight global market. Brent futures finished
Oil prices settle more than 1% higher, log strongest month since March (opens the original)
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NEW YORK, July 31 (Reuters) - Oil prices closed more than $1 per barrel higher on Friday, ending July with their biggest monthly gains since March, as concerns over global crude flows mounted on Iranian reports that some tankers were forced to turn back in the Strait of Hormuz. Brent futures settled up $1.09, or 1.2%, at $90.12 a barrel, while U.S. West Texas Intermediate (WTI) futures closed up $1.08, or 1.3%, at $84.67 a barrel. For July, Brent gained 24% and WTI rose 21%. The war in Iran, w
Oil settles over $100 as Houthi attacks intensify Middle East supply risks (opens the original)
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NEW YORK, July 23 (Reuters) - Oil prices settled above $100 on Thursday for the first time since May after Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea, causing further global supply disruptions following a near-halt in trade through the Strait of Hormuz. Brent futures finished up $6.62, or 7%, at $100.69 a barrel, marking their highest close since May 22. The global crude oil benchmark's prices are now nearly 40% higher than when the Iran war began in February, with
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