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Oil plunges more than 6% from near wartime highs as diplomacy over Iran seemingly gathers pace
Oil plunges more than 6% from near wartime highs as diplomacy over Iran seemingly gathers pace
Brent crude fell more than 6% on Monday morning, retreating from its highest close since March, as regional mediators headed to Tehran and US President Donald Trump weighed a deal with Iran, while investors braced for a week packed with central bank decisions and earnings reports.Oil prices tumbled on Monday morning as diplomatic efforts to calm the Iran war gathered pace and US President Donald Trump said he was weighing a deal with Tehran.Brent, the global oil benchmark, fell more than 6% from...
27 October 2026
Brent hits five-month high on escalating Middle East conflict

Brent hits five-month high on escalating Middle East conflict

22 October 2026

IMF advises to go for less borrowing while tackling crisis

IMF advises to go for less borrowing while tackling crisis

14 October 2026

IMF, WB annual meetings open in Bangkok

IMF, WB annual meetings open in Bangkok

about 1 month ago
Bangkok under security blanket around IMF-World Bank conference

Bangkok under security blanket around IMF-World Bank conference

about 1 month ago
Oil jumps as Middle East supply concerns persist amid shipping attacks

Oil jumps as Middle East supply concerns persist amid shipping attacks

about 1 month ago
Oil steadies as Middle East crude exports rise and G7 to release stocks

Oil steadies as Middle East crude exports rise and G7 to release stocks

about 1 month ago
Dollar set for large rise in September, mainly at euro's expense

Dollar set for large rise in September, mainly at euro's expense

about 2 months ago
Global fuel oil prices decline

Global fuel oil prices decline

about 2 months ago
EU fuel prices hit records as ECB experts see diesel margins peak in October

EU fuel prices hit records as ECB experts see diesel margins peak in October

about 2 months ago
Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

about 2 months ago
New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

2 months ago
Brent crude oil rises above $100 a barrel as Middle East conflict intensifies

Brent crude oil rises above $100 a barrel as Middle East conflict intensifies

2 months ago
Ship fuel shortage looms as refiners strained by war favour other products

Ship fuel shortage looms as refiners strained by war favour other products

2 months ago
Global oil prices nearing $100 again

Global oil prices nearing $100 again

2 months ago
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