Articles tagged with "crude exports"

2 articles found

Pedestrians stand in front of electronic boards displaying the foreign exchange rate of the Japanese yen against the US dollar (L) and other currencies (R), along a street in Tokyo on June 22, 2026. (Photo: AFP)

Crude prices drop, most stocks rise on 'positive' US-Iran talks

Traders remain in a buoyant mood after news that the two foes had ended their conflict, which had sent energy costs soaring and stoking inflation, sending shivers through the global economy.

July 8, 2026

World oil prices rally over 5% on Middle East war

World oil prices surged over 5% due to Middle East conflict disrupting exports. Brent crude rose 5.1% to $92.23 per barrel, while US West Texas Intermediate jumped 5.9% to $88.38 per barrel.

March 11, 2026