Markets

Oil Prices Plunge Below $80: U.S.-Iran Deal Reopens Strait of Hormuz

Oil prices crashed below $80 after the U.S.-Iran deal reopened the Strait of Hormuz. Goldman Sachs cut Brent to $80 for Q4 2026 as Gulf supply returns faster than expected. Oil markets were jolted on ...

Dow Surges 900 Points: Trump Cancels Iran Strikes, Signals Peace Deal Near

U.S. stocks surged Thursday with the Dow Jones Industrial Average jumping 900 points after President Trump canceled planned strikes on Iran and said a peace deal could be signed within days. The S 500...

OPEC+ June 7 Meeting: 188,000 bpd July Oil Hike Despite Iran War

OPEC+ will almost certainly approve a third consecutive monthly output hike of roughly 188,000 barrels per day when its seven remaining members meet on Sunday, June 7, 2026, three Reuters sources say,...

Iran Ceasefire Deal: Why Oil Prices Crashed 20% and What It Means for Your Gas Bill, Stocks, and Portfolio

The US-Iran 60-day ceasefire extension deal sent oil prices crashing 20% from their 2026 peak, with Brent crude falling below $100 a barrel. Gas prices dropped 16 cents in a single week — the biggest ...