Oil Price

Asian shares mostly fell on Tuesday (29 September) following Wall Street losses, while U.S. Treasury yields paused their runup after reaching their highest level in roughly two decades. U.S. futures edged lower, and oil prices climbed over uncertainties over U.S.-Iran talks and the possibility of a

The top US priority now in the Iran war is no longer its nuclear program but to bring gasoline prices down for American consumers, the vice president said Thursday (13 August), with the treasury secretary adding that new economic punishment to wear down Tehran is imminent. The comments by Vice Pre

Global oil prices rose by more than 1.5% as military exchanges between the United States and Iran continued to intensify, pushing crude prices to their highest level in six weeks. Fresh U.S. strikes on Iran and attacks by Yemen's Houthi rebels targeting oil tankers in the Red Sea contributed to the

Crude oil prices in the global market have climbed further as military exchanges between the United States and Iran in the Gulf region have intensified. Following the collapse of a fragile ceasefire, oil shipments through the Strait of Hormuz have nearly come to a halt. Adding to supply concerns, T

Global oil prices surged again on Wednesday (July 15) as escalating tensions between the United States and Iran increasingly targeted energy infrastructures. US President Donald Trump announced a new naval blockade on all Iranian seaports, prompting Iran to launch retaliatory attacks on US military

Global oil prices have climbed to their highest level in four weeks as renewed exchanges of attacks between the United States and Iran have heightened fears over energy supplies. Growing instability in the Strait of Hormuz, the world's most critical oil shipping route, has raised serious concerns ab

The Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of furnace oil used for electricity generation by Tk 4.44 per litre for July, while keeping the prices of diesel and kerosene unchanged. The information was announced in a BERC notification issued on Tuesday (June 30).

Global crude oil prices have risen again after talks on a final ceasefire agreement between Iran and the United States reportedly collapsed. Market analysts fear that the political deadlock in the Middle East's key oil-producing region could disrupt oil supplies for an extended period. According t

A major development has emerged following preliminary peace talks between the United States and Iran in Switzerland. This positive geopolitical shift has had a favorable impact on global markets, leading to a noticeable decline in oil prices. According to a report by Reuters on Tuesday (June 23), t

Oil prices tumbled on June 18 after US President Donald Trump and his Iranian counterpart signed off on an interim deal to end their war and reopen the Strait of Hormuz. The news boosted optimism for a lasting peace between the two nations after more than three months of war that has rattled energy

The price of fuel oil has risen in the international market after a fresh US attack on Iran's strategic port city of Bandar Abbas. At the same time, tensions in the Strait of Hormuz have escalated, raising concerns about energy supplies around the world. The US Central Command (CENTCOM) said it had

International crude oil prices climbed again after the United States launched fresh military strikes in southern Iran. On Tuesday, the price of Brent crude rose by nearly 2 percent. Brent gained $1.40, or about 1.5 percent, reaching $97.56 per barrel after falling 7 percent in the previous trading