Oil prices

Prices gained after US President Donald Trump was said to have told mediators he is uninterested in returning to terms of a June ceasefire deal with Iran.

Energy & Commodities

Oil rises on fresh doubts over outlook for US-Iran diplomacy

This comes as efforts towards an agreement over the Strait of Hormuz hit stumbling blocks

2026-08-27T22:17:33.000Z

Iran and Oman are working on finalising details of an agreement to control the Strait of Hormuz.

Energy & Commodities

Oil prices extend losses on expectations talks will ease Middle East supply woes

Brent crude futures are down 0.7% at US$87.24 a barrel by 0004 GMT

2026-08-27T02:06:06.000Z

UPDATED 20 hours ago

Iran is still maintaining it should have control over the Hormuz strait, which before the war typically carried cargoes equal to about 20% of global oil use.

Energy & Commodities

Oil steadies as investors weigh impact of latest US sanctions on Iran

Concerns about threats to Middle Eastern oil supply have been removed with US turning towards more economic coercion

2026-08-25T06:12:57.000Z

Brent crude futures fell US$1.23, or 1.3 per cent, to US$93.16 by 0329 GMT on Monday.

Energy & Commodities

Oil falls as US prepares to unveil new Iran sanctions

Iran has condemned US plans

2026-08-24T07:18:42.000Z

Inflation trends across CPI categories are mixed.

Singapore

Singapore's core and headline inflation rise in July but stay below economists' estimates

Meanwhile, headline inflation picks up to 2.2% in July from the preceding month’s 1.9%.

2026-08-24T05:02:14.000Z

Investors are watching the US central bank for clues on the interest rate path, as elevated oil prices stoke inflation.

Capital Markets & Currencies

Kospi falls 1.4% as Asian stocks dip with AI, Fed meeting in focus

Attention is also on US Treasury Secretary Scott Bessent’s Monday conference on a plan to economically isolate Iran

2026-08-24T02:38:37.000Z

International benchmark Brent crude futures settles at US$94.39 a barrel, up US$0.61 or 0.7%.

Companies & Markets

Oil rises as Trump threatens sanctions on Iran partners

[HOUSTON] International and US crude oil futures rose on Friday (Aug 21) after US President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks.

2026-08-22T00:44:35.000Z

Oil has rallied more than 50% in 2026 as the US-Iran war threw the Middle East into turmoil.

Energy & Commodities

Oil set for weekly surge as US seeks to throttle Iran’s economy

Bessent says US controlled Hormuz, and ships could exit via a southern lane

2026-08-21T08:11:40.000Z

Brent crude futures for October delivery rose 25 cents, or 0.3 per cent, to US$91.87 a barrel by 0037 GMT on Thursday.

Energy & Commodities

Oil prices steady as investors assess US-Iran war outlook

Both benchmarks closed at their highest since Jul 24

2026-08-19T22:03:23.000Z

Brent crude futures climbed 69 cents, or 0.8 per cent, to US$91.71 by 0415 GMT on Wednesday.

Energy & Commodities

Oil extends climb on prolonged Hormuz export uncertainty

Both brent crude and US WTI crude contracts closed at their highest on Tuesday since Jul 24

2026-08-19T04:57:57.000Z

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