Oil Near $90 on Escalating Middle East Risks
Oil remains supported near $90/bbl by Middle East tensions and attacks on vessels in the Strait of Hormuz
Saturday, 31 October 2026
News, business, world affairs and market coverage
Home / Finance
Oil remains supported near $90/bbl by Middle East tensions and attacks on vessels in the Strait of Hormuz
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
GOLD: Bullish Going Into This Week. But Is It A Buy?In this Weekly Market Forecast, we will analyze Gold for the week of Aug 10-14th. Gold enters the week with a bullish bias after a strong rally pushed prices near $4,4…
August 14, 2026, 3:44 AM EDT. Stellantis (BIT:STLAM) has rolled out a broader selection for the 2027 Grand Cherokee, introducing new Trailhawk, Overland, and Upland variants with advanced features. However, the company’…
Gold crashed 8% to $4,941 and silver plunged 17% to $95 on January 30, 2026, the worst single-day decline since 2013.
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
With the average price of gasoline in the United States above $4.50 a gallon — about a 40 percent rise since the Iran war began in late February — Americans have been climbing into their cars less often, and stepping on…
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…
Gold (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday, stalling the previous day's retracement slide from the $4,435 region, or the highest level since June 5. The commodity, however, remains bel…
September WTI crude oil (CLU26) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26) closed up +0.0012 (+0.04%).
August 6, 2026, 3:59 AM EDT. The Chinese Academy of Sciences achieved a 3.42% conversion efficiency in laser-produced plasma (LPP) EUV lithography, closing in on ASML’s 5.5% commercial benchmark. Although current power …
August 10, 2026, 3:53 AM EDT. U.S. stock futures point to modest gains with investors assessing a strong weekly rally while monitoring geopolitical risks in the Middle East. According to Polymarket data, there is a 62% …
August 10, 2026, 2:41 PM EDT.Energy shares climbed 3.5%, propelled by increases in Exxon Mobil (XOM +3.30%) and Chevron (CVX +3.50%) after Brent crude advanced 3.06% to $86.11, spurred by Iran’s stance on Hormuz Strait …
Gold (XAU/USD) price edges up at the beginning of the week as the reopening of the Strait of Hormuz faces delays due to demands from Iran to the US, and is capped by the modest strength of the Greenback, with traders ey…
“Let the oil flow!” With those words on Sunday evening, US President Donald Trump announced that the United States had reached an agreement to end the war with Iran after more than one hundred days and open the Strait o…
Gold crashed 8% to $4,941 and silver plunged 17% to $95 on January 30, 2026, the worst single-day decline since 2013.
Copper’s record-breaking 2025 has set up a tight but fragile market heading into 2026 as supply strains deepen, tariff fears distort trade flows and analysts flag long-term deficits.
US President Donald Trump has extended a pause on strikes targeting Iranâs energy infrastructure until early April, as Washington signals that diplomacy remains its preferred path forward in the escalating conflict. T…
Options Blueprint [Adv]: Financing a Convex Asymmetric HedgeMarket Context The setup on the chart is not just about momentum. It is about what happens when a market clears an important prior high through a gap and then …
August 6, 2026, 11:40 AM EDT. Live cattle futures added 42 cents to $2.22, while Aug 26 Live Cattle settled at $234.175, a gain of $2.225. Feeder cattle contracts advanced 72 cents to $2.27, as the CME Feeder Cattle Ind…
Axios says a proposed US-Iran deal covers the Strait of Hormuz, sanctions relief and enriched uranium limits.
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Middle Eastern fuel oil exports are on track to hit a four-month high in June, yet crude prices have tumbled to their lowest levels in months as the Strait of Hormuz tentatively reopens, exposing a fragile and uneven re…
We use cookies to improve your experience and analyse site traffic. By continuing to browse, you agree to our use of cookies.