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The Latest Breaking News from Oil

Stocks Rally on Hopes for a Near-term US-Iran Interim Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) on Friday rose +0.50%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.70%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.64%. June E-mini S&P futures (ESM26 ) rose +0.65%, and June E-mini Nasdaq futures (NQM26 ) rose...

Barchart

How major US stock indexes fared Friday 6/12/2026

U.S. stocks rose after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

AAP

Dollar Little Changed as Markets Assess Odds for US-Iran Peace Deal

The dollar index (DXY00 ) ended the day little changed on Friday. The dollar saw support from Friday’s +2.2 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. However, there was some downward pressure from reduced safe-haven demand on hopes for a near-term US-Iran agreement...

Barchart

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U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

Middle Eastern oil flows are rising, but U.S. crude stockpiles are still depleting.

Fortune

Oil Prices Plunge as Trump Says U.S. Is Close to Iran Deal

Oil prices fell sharply on Friday after President Donald Trump said the United States was nearing an agreement with Iran.

International Business Times

UAE to unlock billions of dollars for Iran, sources say

US-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE. The agreement is part of wider negotiations between Iran and the United States. These talks could lead to the release of significant Iranian oil revenues.…

The Economic Times

Turn for peace on the day Trump turns 80? US, Iran could sign MoU on Saturday

Iranian foreign minister Abbas Araghchi posted on Friday on X that an agreement "has never been closer". He gave no details, saying a final deal was still pending. US President Donald Trump shared Araghchi's post on his own social media. Trump, who turns 80 on Sunday, called off threatened strikes…

The Economic Times

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Crude Oil Prices Continue Sharply Lower on Iran Peace Hopes

July WTI crude oil (CLN26 ) on Friday closed down -2.82 (-3.23%), and July RBOB gasoline (RBN26 ) closed down -0.0516 (-1.66%). July WTI crude oil prices on Friday fell by -3.23%, adding to Thursday’s decline of -2.58%. Crude oil prices fell as reports circulated that an interim US-Iran peace...

Barchart

BC-OILS

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

AAP

US stocks rise after oil prices ease and SpaceX soars in its debut on Wall Street

U.S. stocks are rising after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

AAP

US-Iran peace deal remains elusive as Trump and Tehran trade conflicting claims

US president dismisses Iranian media reports agreement is close, despite earlier suggesting a deal could be signed this weekend

The Guardian - UK

Renewed hope for Iran deal buoys investors

RECAP: Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days, although Tehran said it had not reached a final conclusion.

Bangkok Post

Trump Threatens to Turn Off the Taps in Iran as His Defense Secretary Dismisses Questions About the Legality of Targeting Civilian Infrastructure

Later in the day, the president called off the strikes, citing progress in talks.

The Mary Sue

Fuel prices destined to jump despite record supplies

The expected end to the 32-cent-a-litre fuel tax cut will see fuel prices tick back up despite hopes for a looming resolution to the conflict in Iran.

AAP

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Barchart

Cotton Showing Steady Friday Trade

Cotton futures are trading with contracts up 43 points in July and other contracts steady to 5 points lower. Crude oil is down $2.85 to $84.86/barrel. The US dollar index is down $0.109 at $99.740. USDA’s Export Sales report now has the old crop cotton commitments at 11.541 million RB,...

Barchart

Soybean Weakness Holding On Friday

Soybeans are trading with 1 to 2 cent losses at Friday’s midday. The cmdtyView national average Cash Bean price is down a penny at $10.60 1/2. Soymeal futures are mixed, down a 20 cents to a dime higher on the day, with Soy Oil futures 20 to 36 points lower....

AAP

US stocks rise as oil falls and SpaceX soars in its debut on Wall Street

U.S. stocks are rising after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street

The Guardian - UK

Chaotic talks on a US-Iran deal continue on the Trump rollercoaster

Amid rhetoric, market uncertainty and tit-for-tat exchanges, the two sides are still trying to find a way out of the impasse

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news in one place.

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One news app.

The Economic Times

US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright says

Amidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persian Gulf, dramatically outperforming market anticipations. Currently, no Iranian oil is making its way through the Strait of Hormuz.

AAP

US stocks drift as oil falls and SpaceX debuts on Wall Street

U.S. stocks are drifting after oil prices fell again and Wall Street welcomed the highly anticipated trading debut of SpaceX

Barchart

Stocks See Support from Hopes for a Near-term US-Iran Peace Agreement

The S&P 500 Index ($SPX ) (SPY ) is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures (NQM26...

Grocery Coupon Guide

6 Foods Hit Hardest by Tariffs — and the Domestic Swaps That Cost Less

International trade policies and tariffs have a direct and immediate impact on the prices you see at your local grocery store. When a tax is placed on an imported food item, the cost is almost always passed down to the shopper. We are seeing several food categories being hit very…

Clever Dude

Florida’s Heat and Humidity Can Be Tough on Skin and Beards—6 Fixes Barbers Recommend

Florida offers sunshine, beaches, and outdoor adventures nearly year-round, but that tropical climate comes with a challenge many residents know all too well. Heat and humidity can quickly turn a well-groomed beard into a frizzy mess and leave skin feeling oily, irritated, or dry at the same time. The combination…

The Independent UK

US and Iran are close to a deal to end their war, officials say

The United States and Iran are close to signing an agreement aimed at ending their war

AAP

US stocks rise as oil falls and Wall Street waits for SpaceX's debut

U.S. stocks are rising after oil prices fell again and as Wall Street waits for the highly anticipated debut of SpaceX coming later in the day

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