Oil prices dip below $90 as US pauses Iran strikes

ABC News - Breaking News, Latest News and Videos • 29 Jul 18:30

Global crude prices rose nearly 8% after President Trump pledged a response to an Iranian missile strike, while U.S. stock indexes fell sharply.

AP News • 28 Jul 15:16

The Conference Board reported a drop in the consumer confidence index to 90.8 in July, citing higher gasoline costs linked to escalating U.S.-Iran tensions.

ABC News - Breaking News, Latest News and Videos • 27 Jul 16:59

Crude prices fell about 9% to roughly $88 a barrel on Monday after the United States paused military actions against Iran, prompting mixed reactions in equity markets.

NBC News • 27 Jul 12:35

Brent crude slipped below $90 a barrel and U.S. crude to about $83 after both sides halted attacks, prompting a rally in global stock markets.

AP News • 27 Jul 09:20

U.S. equities opened higher on Monday while Brent crude dropped about 6% after the United States and Iran paused hostilities and negotiations on a cease-fire resumed.

The New York Times • 25 Jul 13:58

A cease-fire announced by President Trump in mid-June ended U.S. combat operations with Iran, but within weeks fighting resumed and oil prices rose above $100 a barrel.

investingLive • 24 Jul 15:55

Pakistan is working to restart U.S.-Iran negotiations, prompting modest gains in U.S. equities and a decline in crude oil prices.

CNN • 24 Jul 04:01

Rising tensions in the Middle East and new supply bottlenecks are tightening global oil markets, raising the risk of price spikes above recent records.

AP News • 23 Jul 13:42

Brent oil rose to $101 per barrel after attacks on Saudi tankers, while higher energy costs contributed to a decline in U.S. equities, led by drops in Tesla and Alphabet shares.

The New York Times • 23 Jul 13:14

Brent crude rose to around $100 a barrel after Houthi-claimed strikes on Saudi tankers, prompting U.S. military strikes on Iranian targets and raising concerns about global oil supply.

NBC News • 23 Jul 13:09

Brent crude topped $101 a barrel and U.S. crude approached $93 after Houthi rebels claimed attacks on Saudi tankers in the Red Sea, prompting fears of broader disruptions to global energy flows.

CNBC • 23 Jul 00:18

Brent and U.S. crude futures rose sharply after reports of a tanker hit near Saudi Arabia and President Trump's warning of bombing Iranian infrastructure in response to attacks in the Strait of Hormuz.

CNBC • 22 Jul 07:56

Brent crude rose about 2.5% after the U.S. Secretary of State said Iran was not serious about a diplomatic deal, while U.S. forces continued nightly strikes in the region.

CNBC • 20 Jul 01:14

Brent and U.S. crude fell modestly on Monday after Iran's foreign ministry said negotiations with the United States could be explored, while U.S. forces carried out a ninth night of strikes on Iranian targets.

The New York Times • 19 Jul 22:22

Brent crude climbed over 3% as the United States and Iran intensified fighting, while U.S. stock futures were largely unchanged.

Yahoo! Finance Canada • 15 Jul 17:29

After a brief recovery following a US-Iran memorandum, oil flows through the Strait of Hormuz have fallen to 3-5 million barrels per day, pushing Brent and WTI prices above $84 and $79 per barrel respectively.

Crude Oil Prices Today | OilPrice.com • 14 Jul 16:00

Escalating hostilities between the United States and Iran have lifted Brent crude above $85 a barrel, prompting OPEC to lower its 2026 demand growth forecast and reigniting worries about a global oil shortage.

CNBC • 14 Jul 02:37

Analysts say a 20% levy on vessels transiting the Strait of Hormuz could add $16 per barrel to costs and heighten risks of supply disruptions, potentially affecting global oil prices.

CNBC • 14 Jul 00:32

U.S. President Donald Trump said the United States will charge a 20% fee on cargo transiting the Strait of Hormuz and reinstate a blockade of Iranian ports, prompting a rise in crude oil prices.

Fortune • 13 Jul 10:44

Escalating conflict between the United States and Iran is pushing crude futures toward $72 a barrel, prompting analysts to warn of higher inflation and limited room for Federal Reserve rate moves.

The New York Times • 12 Jul 22:24

Brent crude rose about 3.5% to nearly $79 a barrel after the United States and Iran each claimed to have struck dozens of targets in the Gulf, raising concerns for shipping through the Strait of Hormuz.

NBC News • 08 Jul 21:02

U.S. crude and Brent oil prices rose sharply following President Trump's remarks that the U.S.-Iran ceasefire was over, while U.S. equities fell and Treasury yields climbed.