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$118.60
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At Close: Aug 05, 2026
UK's main stock indexes ‌dipped on Monday in a broad-based decline as fears that the U.S.-Iran ceasefire could collapse weighed on market sentiment.
West Texas Intermediate and Brent crude have risen to levels reached before Friday after the shipping route was shut again
Brent crude and West Texas Intermediate futures both climbed around 5%, clawing back about half of Friday's sharp slump.
Investors look ahead to another week of earnings while retail sales data on Tuesday will be closely watched to see how higher oil prices have hit consumer spending.
Oil prices jump 5% on April 20 as Iran re-closes the Strait of Hormuz following a US cargo ship seizure. Discover the technical levels for WTI and Brent crude now.
Oil prices jump 5% on April 20 as Iran re-closes the Strait of Hormuz following a US cargo ship seizure. Discover the technical levels for WTI and Brent crude now.
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) led a small band of FTSE 100 risers on Monday morning as oil prices rebounded sharply over renewed anxiety over the US-Iran ceasefire.
Stock futures point to moderate pullback after Friday's rally
US stock futures fall in premarket as Iran tensions rise after ship seizure. Nasdaq 100 leads decline while oil surge lifts volatility outlook for US indices.
Exxon, Chevron and other energy companies are turning to Africa and South America to secure their next generation of prospects.
Oil climbed in early Asian trade on renewed tensions over the Strait of Hormuz.

Oil prices climb as US-Iran peace talks stall

06:28pm, Sunday, 19'th Apr 2026
Oil prices surged after peace talks between the US and Iran stalled on Sunday. President Trump said that peace talks would resume, but Iran said it would not participate.
Oil prices rebounded ​more than 7% ‌on Monday after tumbling more than ​9% on ​Friday as the Strait ⁠of Hormuz ​closed after the ​U.S. and Iran said that the other ​party has ​violat
Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz.
Gold market gains as oil drops and tensions ease. Gold price forecast tracks Fed outlook, with rate cut odds slipping to 27% and uncertainty rising.
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