NYTIMES (The New York Times) - Oil Prices Climb on Renewed Hostilities in Middle East
Oil prices jumped after the U.S. said it shot down four Iranian attack drones, casting doubt once again on the prospects for a peace deal.
NYTIMES (Emmett Lindner) - Oil Cools Slightly After a 4-Year High
The price of Brent crude, the international benchmark, dipped more than 2 percent a day after it rose above $120 a barrel in volatile trading.
NYTIMES (The New York Times) - Oil Prices Soar as Iran Standoff Shows No End in Sight
Oil prices push higher, approaching another wartime high, as President Trump asserted that the naval blockade of Iran’s ports would persist.
HUFFPOST - Stocks Recover From Early Losses And Close With A Weekly Gain. U.S. Oil Tops $110 A Barrel.
Stocks recovered most of their earlier losses as volatility returned to Wall Street after two days of solid gains.
DAILYCALLER (Anthony Iafrate) - Markets Take America On Rollercoaster Ride After Trump’s Nothingburger Speech
Tumbled
AXIOS (Chuck McCutcheon) - Oil prices rise as Iran war escalates with Houthi attacks
Oil prices climbed above $116 per barrel after markets opened Sunday, as Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and promised to continue attacks. Why it matters: The increase came as the war moved into its fifth week, showing little sign of abating despite President Trump's talk of diplomacy. Driving the news: The global benchmark Brent crude rose 3.3% to $116.25 per barrel. - WTI, the main U.S. reference, was also up about 3% to nearly $103 per barrel. The big picture: More than 3,500 U.S. troops, including about 2,500 Marines, arrived in the Middle East, officials said Saturday. - The speaker of Iran's parliament, Mohammad Bagher Ghalibaf, threatened to set U.S. troops "on fire" and step…
ABCNEWS - WATCH: Why has the price of gold fallen since the start of the Iran war?
Gold prices have plunged 13% since the outbreak of war with Iran, betraying the yellow metal's reputation as a safe-haven asset.
YOUTUBE (The Hill) - Oil Squeeze By Iran: Trump Pressures World Powers To Protect The Strait Of Hormuz | TRENDING
As the US-Israel assault on Iran continues, oil price increases have the Trump administration seeking ways to reduce the war's adverse effects on world markets. Although President Trump has at times suggested that the U.S. military force is sufficient to prosecute the war without a broad coalition, he has in recent days also expressed displeasure that NATO countries — among others — aren't getting involved. A particular concern is the safety of ships rounding the Strait of Hormuz, a narrow passage through which vast quantities of oil from the Middle East makes its way to distant buyers.
ABCNEWS - WATCH: Oil and gas prices surge as Iran escalates strikes on Gulf refineries
Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.
ABCNEWS - WATCH: Oil and gas prices surge as Iran escalates strikes on Gulf refineries
Iranian attacks on significant energy infrastructure and refineries in several Gulf countries pushed oil and gas prices higher in volatile trading on Thursday.