Gold rises as weaker dollar meets firm oil pressureMay 14, 2026 Gold edged higher as a weaker U.S. dollar supported bullion, while firm oil prices and sticky inflation kept gains capped in global trade.
U.S. oil jumps as Strait of Hormuz tensions returnMay 8, 2026 U.S. oil prices rose after renewed U.S.-Iran fighting near the Strait of Hormuz revived supply worries and ended a three-session slide.
Oil futures rise as US Iran tensions lift crude pricesFebruary 21, 2026 Oil futures rose as U.S.-Iran tensions and Strait of Hormuz disruptions lifted risk premiums, while a large EIA inventory draw added support.
Brent crude drops amid reports of OPEC+ production hikeAugust 31, 2024 Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya’s significant output losses.
Rising geopolitical tensions could push oil prices to $90 a barrelJuly 2, 2024 The ongoing geopolitical tensions between Israel and Hezbollah, with potential Iranian involvement, could drive oil prices to $90 per barrel.
