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- Indexed articles, last 90 days
- 9
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- Oct 1, 2026
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- Jul 9, 2026
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Oil dips as Middle East shipments back in the spotlight (opens the original)
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Oil fell to extend a run of alternating between gains and losses, as traders looked for further signals about Middle Eastern flows. Brent for December delivery dropped below $97 a barrel after rising almost 2 per cent on Wednesday, while West Texas Intermediate was near $89. Wall Street analysts and traders said crude flows from the region were closing in on pre-war levels, although fuel supplies have yet to recover to the same extent. Crude rose for a third month in September, as Washington and
Oil rises as Iran uncertainty outweighs Saudi pipe return (opens the original)
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Oil rose for a second day as a lack of progress in US-Iran talks and signs of strong demand outweighed a resumption of flows through a key pipeline from top exporter Saudi Arabia. Brent traded above $107 a barrel after ticking higher in the previous session, while West Texas Intermediate was around $94. Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November, following US
Oil holds drop as Saudi Arabia moves to restore pipeline (opens the original)
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Oil held a steep drop on signs that supply disruptions in the Middle East are set to ease, with a key pipeline being restored. Brent traded near $106 a barrel after losing 2.7% on Wednesday, while West Texas Intermediate was above $102. Saudi Arabia is seeking to return about half the capacity of its damaged East-West pipeline within days, and full operations in six weeks, a person familiar with the matter said. âI wouldnât call it an all-clear situation,â said Haris Khurshid, chief invest
Oil steadies after rally as Trump sees short-lived Iran strikes (opens the original)
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Oil steadied after a three-day rally as US president Donald Trump said renewed attacks on Iran would be short-lived, while US officials signaled robust energy flows through the Strait of Hormuz. Brent traded above $95 a barrel after surging more than 8 per cent over the past three sessions, while West Texas Intermediate was near $91. Asked how long the US bombing campaign could continue, Trump said âI donât think too long,â although the president added that âweâre prepared to do anothe
Oil extends declines as Iran, Oman push talks to reopen Hormuz (opens the original)
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Oil fell for a third day as Iran and Oman discussed an âinterim frameworkâ aimed at resuming shipping through the Strait of Hormuz. Brent traded near $86 a barrel, taking its decline this week to almost 9 per cent, while West Texas Intermediate was near $80. Iranian foreign minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed the initiative to establish a âtemporary joint maritime corridor,â according to a statement carried by the Oman News Agency. Crude has fallen
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