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Brent crude rose above $77 after President Trump said the memorandum of understanding with Iran was effectively over, lifting oil prices and pressuring U.S. stocks.
Oil prices dropped below $68 per barrel after Qatar reported progress in indirect Iran-U.S. talks, extending crude’s decline to 43% from its recent peak.
Oil prices fell below $74 per barrel, reaching a 3.5-month low as hopes for a U.S.-Iran agreement continue to ease supply concerns.
Oil prices fell more than 7% below $76 per barrel as traders reacted to reports of a potential U.S.-Iran agreement.
Oil prices climbed after Trump said the U.S.-Iran ceasefire remains on “massive life support,” renewing supply disruption concerns.
U.S. oil prices jump toward $69 per barrel, hitting a multi-month high as tensions with Iran escalate.
The Iranian rial hits a record low of 1.5 million per dollar as protests over the economic crisis spread nationwide.
Iran’s rial falls to near-zero exchange levels, highlighting deepening currency collapse and sustained economic pressure.