Oil price

Oil price

Vessels at the Strait of Hormuz, as seen from Musandam, Oman on 18 June 2026. photo: Reuters/Stringer

Iran reasserts its right to control shipping in Strait of Hormuz after ship hit near Oman

Oil prices dropped by more than 3% on Friday.

A weak dollar has also provided support for crude prices as a lower dollar makes oil less expensive for buyers. Photo: Collected

Consumers unlikely to get relief from oil price drop soon

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil extends losses as Trump calls off planned strikes on Iran

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil little changed on uncertainty over US-Iran peace deal

Representational image

Oil falls as Lebanon and Israel agree on a ceasefire

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil opens up as US toughens terms of Iran war agreement

Illustration: Ashrafun Naher Ananna/TBS Creative

Oil jumps as US, Iran disagree on peace proposal

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil slips after Trump says US will help free ships stranded in Strait of Hormuz

Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026. REUTERS/Stringer

Oil prices rise with no sign of an end to Iran war

Representational Image. Photo: BSS

Oil plunges, stocks jump as Iran declares Hormuz open

File Photo: Reuters

Oil falls by 13% after Iran declares Strait of Hormuz open

A woman reacts as people gather after a two-week ceasefire in the Iran war was announced, in Tehran, Iran on 8 April 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Iran says peace talks would be 'unreasonable' following Israeli strikes

People wave flags as they gather after a two-week ceasefire in the US war on Iran was announced, in Tehran, Iran on Wednesday (8 April). Photo: Reuters

Iran ceasefire: A sigh of relief for Bangladesh