Oil Prices

Crude extends gains, stocks stagger as Mideast hopes dim

Oil prices rise and stocks falter as US-Iran tensions persists, keeping the Strait of Hormuz closed, inflation concerns elevate;Treasury yields high, and investors increasingly worried about converging risks.

2 DAYS AGO

Crude jumps on fresh Mideast flare-up, tech rout deepens

The US military says that volatility returns to the crude market after US and Saudi warplanes carried out strikes Tuesday against Iran-backed militants in Iraq who launched more than two dozen drone attacks in recent days.

July 29, 2026

Middle East roundup, Jul 26: Iran army says halted retaliatory attacks as US holds fire

Iranian army spokesman Mohammad Akraminia says, ‘Over the past two nights the Americans have stopped their attacks. Since... our strategy has essentially been retaliatory, we have also halted our retaliatory operations.’

July 26, 2026

Middle East Roundup, July 24: Iran military says attacked US bases in Bahrain, Jordan, Kuwait

'This morning, the fuel tanks, large equipment warehouses and silos and the barracks of the US terrorist army forces at the Isa Air Base in Bahrain were targeted by Arash kamikaze drones,' the army said in a statement carried by state TV.

July 24, 2026

Middle East Roundup, July 23: Trump says seriously considering ‘massive attack’ on Iran

Says Iranians "want to negotiate" but were not ready to make a deal at the moment; Pakistan PM condemns Houthi attacks in call with Saudi crown prince, both leaders agree to continue working very closely to maintain regional peace, security, stability.

July 23, 2026

Middle East Roundup, July 20: Iran president says country in 'full-scale war' with US

Masoud Pezeshkian says Iran is in a full-scale war with the United States and must accept the consequences; Washington and Tehran traded strikes on Monday as US deaths in the renewed fighting climbed to three and more ships came under attack in the strategic Strait of Hormuz; joining the war, Yemeni Houthis declare maritime blockade of Saudi Arabia, triggering the strongest condemnation from the Kingdom.

July 20, 2026

Middle East Roundup, July 19: US completes eighth night of Iran strikes as IRGC claims downing drone

US-Iran tensions escalate as both sides exchange strikes; Iran reports attacks on US bases and drone interceptions; Jordan evacuates Aqaba airport and seaport; and Bahrain and Kuwait activate air raid alerts.

July 19, 2026

Middle East Roundup, July 18: Supreme leader says Iran will teach US 'unforgettable lessons'

Khamenei says US should be prepared to bear “most serious consequences” of war, adds Washington should know that Iran, axis of resistance have “unforgettable lessons to offer it”; Saudi Arabia condemns ‘brutal Iranian aggression’ against Kuwait, Bahrain and Jordan

July 18, 2026

Middle East Roundup, July 17: US strikes Iran as Tehran warns of Mideast reprisals

US hit Iran on Friday, with Tehran accusing US forces of striking civilian sites and drawing Iranian threats of reprisals on regional infrastructure; in the rekindled war, the foes have traded fire for six days running.