S&P/TSX Composite up, Oil Down, Amid Hopes End to Iran War Nearing

Oil prices return to 100 dollars a barrel as US carry out strikes in Iran

Oil prices have risen to 100 dollars a barrel as waning optimism over a US-Iran peace deal weighs on global energy markets.

Oil climbs towards $100 after fresh US strikes on Iran

Oil is climbing towards $100 a barrel again after the US launched fresh attacks on Iran, with markets jittery as a deal to end the war remains out of reach.

The sailors stuck in the Strait of Hormuz

We’ve heard about the attacks. We’ve felt the oil price increases. And every time a ceasefire gets mentioned, it makes headline news. Something less visible but just as dire are the lives of seafarers stuck in the Strait of Hormuz, who are not only facing supply shortages but also the reality that an end date is nowhere in sight. Host Caryn Ceolin speaks with Mohamed Arrachedi, Arab World & Iran Network Coordinator at the International Transport…

Global Oil Price Rises After U.S. Strikes in Iran Cloud Peace Deal

Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missile launch sites in Iran.

ASX falls, oil rebounds after US strikes Iran; Kogan jumps, ASX Ltd tanks

The Australian sharemarket slipped after the US military said it carried out “self-defence” strikes in southern Iran, triggering doubts about an imminent end to the war.

Oil prices fall below $100 a barrel on hopes of Iran peace deal

Brent crude futures down 6% to lowest level in two weeks and stock markets riseOil prices fell below $100 a barrel on Monday and stock markets rose on hopes that the US and Iran are inching closer to a peace deal.Brent crude futures, the global oil benchmark, were down 6% to $97.43 a barrel, the lowest level in two weeks, with hopes that an agreement to end the near three-month US-Israeli war on Iran can be struck. Continue reading...