Oil & Equities
June 2 – June 17, 2026 Updated 4 days ago
Oil climbs and stocks waver as Iran strikes Gulf neighbours
Crude prices rose and US equities were mixed after Iran fired on Kuwait and Bahrain and American forces struck targets in Iran. West Texas Intermediate climbed toward $96 a barrel and Brent neared $98, reviving the Gulf risk premium.
Oil jumps and Wall Street steadies as Israel-Iran strikes rattle markets
Oil prices rose Monday after Israel and Iran exchanged strikes, with Brent briefly topping $98 a barrel overnight. U.S. stocks were mixed: the S&P 500 added 0.3% and the Nasdaq 0.9% as chip stocks rebounded, while the Dow slipped.
Oil pulls back as Iran and Israel halt strikes; chip rebound steadies stocks
Crude prices retreated on Tuesday, with Brent slipping below $93 a barrel, after Iran and Israel said they had stopped trading strikes. The easing followed Monday's spike, when WTI jumped 3.3% to $93.93 as the two sides exchanged fire.
Stocks slide and oil nears $90 as hot CPI lands amid fresh US-Iran strikes
The S&P 500 fell about 0.5% and the Nasdaq led losses Wednesday as a 4.2% inflation print and overnight US-Iran strikes sent crude toward $90 a barrel.
ECB raises rates for first time since 2023 as war inflation bites; stocks edge higher
The European Central Bank lifted its deposit rate to 2.25% as Iran-war energy costs pushed eurozone inflation to 3.2%, while US stocks rose and oil swung around $90 a barrel.
Oil sinks to a two-month low as stocks extend rally on US-Iran deal hopes
WTI crude settled at $84.41, down nearly 4%, while the S&P 500 rose 0.5% to 7,431.46 as traders bet a US-Iran memorandum could reopen the Strait of Hormuz.
Oil sits near two-month low as traders price in a Strait of Hormuz reopening
US crude settled at $84.88 on Friday, its lowest in two months, as the prospect of a signed US-Iran deal reopening the Strait of Hormuz drains the war-risk premium that drove prices toward $100 this spring.
Stocks rally and oil sinks below $81 as US-Iran deal nears signing
Wall Street opened sharply higher and crude fell more than 5% to its lowest since March after Washington and Tehran confirmed a framework to end their war and reopen the Strait of Hormuz. The S&P 500 rose 1.6% and the Nasdaq jumped 2.5%.
Oil sinks below $77 and stocks slip as Warsh opens first Fed meeting
WTI crude fell to around $76 a barrel as traders bet a US-Iran deal will let Tehran sell oil again. The S&P 500 and Nasdaq slipped from records as the Fed began its two-day meeting.
Oil holds near two-month low and stocks steady as Warsh's first Fed meeting looms
US crude held near a two-month low around $77 and stocks were steady Wednesday as investors awaited Kevin Warsh's first rate decision as Fed chair, due at 2 p.m. ET.