K. Matsuyama
- Indexed articles, last 90 days
- 3
- Latest publication
- Aug 27, 2026
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- Jul 7, 2026
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Oil Rises as Iran Deal Hopes Fade (opens the original)
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Oil rose after a report said US President Donald Trump has told mediators he's uninterested in returning to terms of a June ceasefire deal signed with Iran, casting doubt on a sustainable increase in energy flows through the Strait of Hormuz. West Texas Intermediate rose about 1.7% to trade near $84 a barrel and Brent, the global benchmark was trading up about 2.1%. Trump has repeatedly told mediators he has no interest in returning to the terms of the memorandum of understanding, the Wall Stree
Crude Sinks as Tensions Ease (opens the original)
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Oil fell after both the US and Iran signaled that discussions to restore shipping through the Strait of Hormuz are ongoing, raising hopes for a pickup in supply from the Middle East. West Texas Intermediate lost about 5% to settle at around $80 a barrel. The specifics of the talks remain murky: Iran suggested negotiations with Oman to create a "temporary" route through Hormuz are making progress but it was not in discussions with the US. Meanwhile, US President Donald Trump said on Monday that t
Oil Jumps on Hormuz Shipping Attacks (opens the original)
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Oil climbed almost 6% after attacks on Persian Gulf shipping prompted the US to revoke a waiver that had relaxed restrictions on Iranian crude sales. West Texas Intermediate topped $72 a barrel in post-settlement trading Tuesday after three ships that included a Saudi oil tanker and a Qatari natural gas carrier were struck in and around the Strait of Hormuz, threatening an already fragile ceasefire between the US and Iran. The attacks spurred the US Treasury Department to revoke a waiver that al
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