Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Oil

Sensex rises 220 points, Nifty nears 24,000 on Iran-US ceasefire extension reports

Indian stock markets opened muted but recovered on Thursday morning. Investors assessed Middle East political developments. Declining oil prices provided a boost. IT stocks led gains on the Sensex. Broader markets also traded in the green. Foreign investors remained net sellers of Indian equities on Wednesday.

The Economic Times

Asian shares are mostly higher on hopes for a winding down of the Iran war

Asian shares are mostly higher on expectations of a deal between the U.S. and Iran to extend their ceasefire in their war by 60 days

AAP

Oil prices dip as tentative US-Iran deal awaits Trump’s final approval

Analysts warned that any potential ceasefire extension should be viewed cautiously

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Japan, S Korea stocks hit records on US-Iran deal hopes

Stock markets in Japan and South Korea closed at record highs on reports the US and Iran have reached an agreement to extend their ceasefire.

AAP

Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying?

Oil prices saw a slight dip on Friday. Hopes for a U.S. and Iran ceasefire extension are influencing the market. U.S. Vice President JD Vance indicated progress but noted unresolved issues. Geopolitical tensions remain high. Analysts suggest a prolonged Strait of Hormuz closure could impact global oil markets significantly.

The Economic Times

Dollar heads for weekly loss on reports of US-Iran ceasefire deal

The dollar weakened against major currencies as reports indicated a potential U.S.-Iran agreement to extend a Middle East ceasefire and lift Strait of Hormuz shipping restrictions. This development, pending presidential approval, led to falling oil prices and reduced demand for the safe-haven dollar, with the euro and pound seeing modest…

The Economic Times

Oil falls slightly on reports of potential US-Iran ceasefire deal

Oil prices saw a slight dip amid hopes for a U.S.-Iran ceasefire extension. Vice President JD Vance indicated progress but stated a deal is not yet finalized. This news has kept oil prices from falling further. Discussions are ongoing regarding Iran's nuclear program and uranium stockpiles. The Strait of Hormuz…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

Global Market Today: Asian stocks rise on US-Iran truce deal, oil drops

Asian markets saw gains as oil prices fell following a tentative US-Iran ceasefire extension. This development eased concerns about energy flow disruptions. Optimism surrounding artificial intelligence also boosted stock markets. However, rising inflation and a cooling economy present challenges for investors. The Federal Reserve's flexibility is limited by persistent price…

The Economic Times

GIFT Nifty signals muted start for Dalal Street amid cautious trade

Indian markets traded flat on Wednesday, influenced by derivatives expiry and geopolitical tensions. Analysts suggest a cautious recovery hinges on stable crude oil prices and receding energy supply concerns. However, renewed US-Iran tensions and military strikes have revived geopolitical risk premiums, narrowing the path for further gains.

The Economic Times

Valvoline™ Restore & Protect Awarded 2026 Most Innovative New Aftermarket Product (Performance)

BAULKHAM HILLS, Australia, May 29, 2026 /PRNewswire/ -- Valvoline™ Global Operations, The Original Engine Oil[i] and worldwide leader in automotive and industrial solutions announced that its Restore & Protect engine oil has been named 2026 Most Innovative New Aftermarket Product (Performance) winner at the Australian Auto Aftermarket Innovation Awards. Judged…

AAP

As global fuel risk rises, NZ Budget 2026 puts roads first – again

Three months into the war in Iran, the largest disruption to New Zealand’s oil supply in living memory appears to have done nothing to change the government’s approach to transport.

The Conversation

Wheat Pulls Off Lows into the Close

The wheat complex saw some late session strength on Thursday. Chicago SRW futures were fractionally to 1 ½ cents higher. KC HRW futures were 3 to 5 cents in the red at the close. MPLS spring wheat was down 2 to 3 1/2 cents on the session. Crude oil was...

Barchart

Soybeans Post Gains on Product Strength

Soybeans closed with Thursday gains of 9 ¼ to 15 ¼ cents at the close. The cmdtyView national average Cash Bean price was up 9 1/4 cents at $11.34. Soymeal futures were up $1.10 to $3.80, with Soy Oil futures 86 to 147 points higher. Export Sales data will be...

Barchart

Cotton Posts Thursday Gains

Cotton futures saw Thursday gains of 46 to 99 points across most contracts. The US dollar index was $0.194 lower at $98.955. Crude oil was down 15 cents at the close as several outlets were reporting the US and Iran were coming to an agreement to open the Strait of...

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Water shortages worsen across Cuba as oil supplies dwindle

Nearly 3 million Cubans are experiencing water shortages every day because of a severe oil shortage that government officials blame on a U.S. energy blockade

AAP

AAP Rolling News Bulletin May 29, 0800

AAP Rolling News Bulletin for May 29 at 0800

AAP

AAP Rolling News Bulletin May 29, 0730

AAP Rolling News Bulletin for May 29 at 0730

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.84%. June E-mini S&P futures (ESM26 ) rose +0.59%, and June E-mini Nasdaq futures...

Get all your
news in one place.

100's of premium titles.
One news app.

AAP

US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start a new round of talks on Iran's nuclear program

Barchart

Crude Oil Prices Rise as US-Iran Peace Deal Not Yet Realized

July WTI crude oil (CLN26 ) on Thursday closed up +0.22 (+0.25%), and July RBOB gasoline (RBN26 ) closed up +0.0339 (+1.11%). Crude oil and gasoline prices recovered from early losses on Thursday and settled higher after US forces struck Iranian military targets for the second time this week and...

International Business Times

Traders Betting On a Quick Resolution Of The Iran War Could Be Badly Burned, Report Warns

Analysts say the conflict involving Iran and the United States has added a persistent risk premium to oil markets amid continued instability in the Middle East.

AAP

BC-OILS

NEW YORK (AP) — Futures trading on the New York Mercantile Exchange Thursday:

The Economic Times

Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold rebounds after Iran-US ceasefire extension talks

Why are gold and silver prices up today, and will precious metals continue to rise or fall again? Gold and silver prices moved higher after the US dollar and oil prices weakened following reports about a ceasefire extension understanding between the United States and Iran. Gold rebounded from a two-month…

The Economic Times

View: Rupee crossing 100 may not be catastrophic, but can India convince the world about its growth story?

As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by surging oil import prices and substantial foreign capital exits. Even with a robust domestic economic framework, investors globally are wary of India's potential vulnerabilities. In light of these challenges, efforts are intensifying to position India as…

The Economic Times

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Ceasefire report and US stockpile data impact crude market

Why are oil prices down today, and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved lower after reports claimed the United States and Iran reached a ceasefire extension agreement. Brent crude and US WTI crude futures also reacted to lower-than-expected US crude…

1 … 16 17 18 19

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Dow Jones Industrial Average

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.