oil – Deltaplex News

DOJ probing $2.6 billion in oil trades related to Iran war, sources say

Thursday, May 7 by ABC News

(WASHINGTON) -- The Department of Justice is investigating a series of suspiciously timed trades in the oil market just ahead of major announcements by President Donald Trump and a top Iranian official about the war in Iran, sources told ABC News.The DOJ, along with... Read More.

Stocks tumble and oil prices rise as US-Iran ceasefire uncertain before deadline

Monday, April 20 by ABC News

(NEW YORK) -- Stocks dipped and oil prices rose in early trading on Monday as tensions mounted in the Strait of Hormuz, putting pressure on the ceasefire between the U.S and Iran a day before it's set to expire.The Dow Jones Industrial Average fell... Read More.

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Stocks surge and oil prices plunge after Iran says Strait of Hormuz ‘completely open’ during Israel-Lebanon ceasefire

Friday, April 17 by ABC News

(NEW YORK) -- Stocks surged and oil prices plunged in early trading on Friday after a senior Iranian official declared the Strait of Hormuz "completely open" for commercial traffic for the duration of the 10-day ceasefire between Israel and Lebanon.The Dow Jones Industrial Average... Read More.

Prices surged in March after oil shock set off by Iran war

Friday, April 10 by ABC News

(NEW YORK) -- Inflation surged in March after an oil shock triggered by the U.S.-Israeli war with Iran, government data showed on Friday. The inflation report matched economists' expectations.Prices rose 3.3% in March compared to a year earlier, marking a steep rise from a... Read More.

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Stocks soar and oil prices plunge after US-Iran ceasefire

Wednesday, April 8 by ABC News

(NEW YORK) -- Stocks soared and oil prices plunged in early trading on Wednesday, just hours after the U.S. and Iran announced a two-week ceasefire.The Dow Jones Industrial average surged 1,215 points, or 2.6%, while the S&P 500 climbed 2.5%. The tech-heavy Nasdaq jumped... Read More.

Jobs report shows strong hiring in March, despite oil shock set off by Iran war

Friday, April 3 by ABC News

(NEW YORK) -- The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by the U.S.-Israeli war on Iran, a jobs report on Friday showed. The reading far... Read More.

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Gas prices top $4 a gallon as Iran war triggers global oil shock

Tuesday, March 31 by ABC News

(NEW YORK) -- Gas prices in the United States topped $4 per gallon on average Tuesday, crossing the milestone for the first time in nearly four years, just weeks after the U.S.-Israeli war on Iran set off a global oil shock and spiked fuel... Read More.

Oil and gas prices surge as Iran escalates strikes on Gulf refineries

Thursday, March 19 by ABC News

(NEW YORK) -- Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.Brent crude oil prices, a benchmark for global trading, climbed by about 6%, hitting $116 per barrel for contracts... Read More.

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Fed holds interest rates steady in 1st move since war with Iran spiked oil prices

Wednesday, March 18 by ABC News

(NEW YORK) -- The Federal Reserve held interest rates steady on Wednesday at its first meeting since the U.S.-Israeli war with Iran drove up gasoline prices and risked a wider bout of inflation.The central bank's move marked the second consecutive time it has opted... Read More.

International Energy Agency announces largest ever release of reserve oil amid Iran war

Wednesday, March 11 by ABC News

(NEW YORK) -- The International Energy Agency on Wednesday said it would release 400 million barrels of oil from its strategic reserve, marking the largest oil release in the group's history as the global economy grapples with fallout from the U.S.-Israeli war with Iran.Oil... Read More.

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Stocks tumble as oil climbs above $100 per barrel

Monday, March 9 by ABC News

(NEW YORK) -- Stocks tumbled in early trading on Monday as oil prices soared above $100 per barrel in response to the U.S.-Israeli war with Iran.The Dow Jones Industrial Average fell 720 points, or 1.5%, while the S&P 500 dropped 1.3%. The tech-heavy Nasdaq... Read More.

Dow drops 650 points as Iran war sends oil prices surging

Friday, March 6 by ABC News

(NEW YORK) -- The Dow Jones Industrial Average plummeted more than 650 points in early trading on Friday as the Iran war continued to spike oil prices.The Dow fell 657 points, or 1.3%, while the S&P 500 dropped 1.2%. The tech-heavy Nasdaq declined 1%.In... Read More.

Stories tagged with: oil

Stocks tumble and oil prices rise as US-Iran ceasefire uncertain before deadline

Stocks surge and oil prices plunge after Iran says Strait of Hormuz ‘completely open’ during Israel-Lebanon ceasefire

Prices surged in March after oil shock set off by Iran war

Stocks soar and oil prices plunge after US-Iran ceasefire

Jobs report shows strong hiring in March, despite oil shock set off by Iran war

Gas prices top $4 a gallon as Iran war triggers global oil shock

Oil and gas prices surge as Iran escalates strikes on Gulf refineries

Fed holds interest rates steady in 1st move since war with Iran spiked oil prices

International Energy Agency announces largest ever release of reserve oil amid Iran war

Stocks tumble as oil climbs above $100 per barrel

Dow drops 650 points as Iran war sends oil prices surging

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