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The Business Standard

Wednesday
July 01, 2026

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WEDNESDAY, JULY 01, 2026

Oil price

Oil price

A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, 11 March 2026. Photo: Reuters

Oil prices fall after US and Iran receive framework ceasefire proposal

Brent crude futures fell 64 cents, or 0.6%, to $108.39 a barrel at 1109 GMT US West Texas Intermediate crude futures were trading down 1.2%, or $1.33, at $110.21 per barrel.

Representational image. Photo: Reuters

Oil prices rise as US-Israeli war with Iran continues to disrupt supply

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration//File Photo

Global markets rattle as Hormuz disruption drives oil above $115

Photo: Collected

Bangladesh named among countries facing heightened risk from prolonged Middle East war

BPC pays over Tk1,200cr extra for fuel imports due to Middle East war

BPC pays over Tk1,200cr extra for fuel imports due to Middle East war

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

Oil rises 3% after Iran strikes Middle East energy facilities

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

Oil prices jump in Asia as Strait of Hormuz tensions rattle markets

File Photo: Reuters

Oil rises as focus returns to threats on Middle East export facilities

General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed

Oil poised for further gains as Middle East conflict threatens export facilities

Pipelines and an oil pump jack are seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela, 14 October 2022. REUTERS/Issac Urrutia/File Photo

Oil heads for weekly gains despite US sanctions waiver on Russian oil

Representational Image. Photo: Mumit M/TBS

War shock drives freight surge from sea to road in Bangladesh supply chain

A pump jack operates at sunset in an oil field in Midland, Texas US on 22 August 2018. Photo: Reuters

Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast

A visitor walks past Japan's Nikkei stock prices quotation board inside a conference hall in Tokyo, Japan, on 4 March 2026. Photo: Reuters

Stocks set for tough week, oil eyes big gains as Middle East war rages

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