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Oil Falls, Asian Equities Rise on Tentative Hopes of Middle East Resolution
Oil retreated while Asian equity markets rose early Wednesday amid improving risk sentiment on hopes of a resolution to the Middle East conflict.
The Oil Supply Crunch Is Spreading From the Gulf to the Rest of the World
Unless peace talks pan out fast, traders say high prices for specific Mideast crude cargoes will soon cascade to the U.S. and elsewhere.
Oil Falls on Signs of Progress in Resolution to Middle East Conflict
Oil fell in early trade on signs of progress in a resolution to the Middle East conflict.
Iran is testing a ‘selective' Strait of Hormuz strategy that could deliver another shock to oil markets
Iran appears to have adopted a “calibrated strategy” in the Strait of Hormuz — allowing only certain vessels to pass through the crucial waterway.
Oil Rebounds Above $100 on Fears Middle East Conflict Lacks Exit Plan
News of a U.S. troop deployment pulled stocks lower, even after President Trump signaled peace talks with Iran were progressing.
S&P 500: Stock Market Weak Today As Oil Rallies, Uncertainty Builds
S&P 500 and Nasdaq slip as oil prices surge and Iran conflict fuels uncertainty. US stocks weak today with energy leading and tech stocks under pressure.
Is The Iran War Fully Priced Into Oil Market? Nope Say Industry Bosses
Oil is north of $100 per barrel and threatening to go higher in the wake of the ongoing Iraq war, but the impact of the event may not be fully priced in yet according to many in the industry.
It's like the Sun exploding: One Wall Street firm fears $200 oil – and says it's not too late for investors to prepare
Citi sees oil prices reaching as high as $200 in a scenario where disruptions continue through the end of June.
Oil rises as Saudi Arabia and UAE reportedly weigh joining Iran war
Energy prices are once again moving higher after a big decline on Monday.
Exclusive: India's Reliance buys 5 million barrels of Iranian oil after US waiver, sources say
India's Reliance Industries , operator of the world's biggest refining complex, has purchased 5 million barrels of Iranian crude, days after the U.S. temporarily removed sanctions on the oil, three sources familiar with the matter said on Tuesday.
Foreign outflows hit Asian stocks as Iran war drives oil shock fears
Asian stocks have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply from the U.S.-Israeli war with Iran stoked fears of an oil shock and stagflation risks.
Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge
The uptick in prices suggests lingering skepticism over a a possible de-escalation in the Middle East conflict, said analysts. The rebound follows a sharp sell-off on Monday, when Brent crude fell about 11%.
