Middle East

29 May 2026
WTI slides towards $86 as US-Iran ceasefire talks ease Strait of Hormuz supply fears

WTI slips near $86.60 as ceasefire talks ease Hormuz fears; inventory draw disappoints, volatility elevated, outlook bearish.

29 May 2026
WTI slides towards $87 as US-Iran ceasefire talks ease Strait of Hormuz supply fears

WTI falls to $87.20 as US-Iran ceasefire talks ease supply fears, despite continued inventory draws.

29 May 2026
WTI swings between $86 and $91 as US-Iran truce talk offsets Middle East strikes

WTI swung between $86-$91 as US-Iran conflict and diplomacy headlines drove volatility; traders eye options strategies.

29 May 2026
Iran–US conflict and Hormuz export closures buoy oil as underinvestment tightens longer-term supply

Iran–US tensions and low inventories lift oil; Hormuz closures tighten supply as underinvestment signals longer-term constraints.

28 May 2026
USD/CAD hits one-month high as Middle East tensions lift dollar, Fed hike expectations firm

USD/CAD hits 1.3870 on safe-haven dollar demand, hawkish Fed bets; bullish breakout targets 1.3963 next.

28 May 2026
US sanctions on Iran’s Hormuz authority lift WTI towards $90 as oil volatility jumps

US sanctions Iran’s Hormuz transit authority as strait closure tightens supply, lifting WTI near $90 amid volatility.

28 May 2026
WTI rebounds towards $89 as US-Iran tensions and inventory draws lift risk premium

WTI rebounded near $89 as US-Iran tensions and inventory draws boosted risk premium, supporting bullish prices.

28 May 2026
Gold steady near $4,455 as US–Iran talks and core PCE data steer rate outlook

Gold steadied near $4,455 as US-Iran talks and PCE inflation data drive cautious, volatility-focused positioning.

28 May 2026
Brent slides to $93 as Iran deal rumour sways oil despite White House denial

Crude slid on Iran MOU rumor despite White House denial, as tight inventories and Hormuz risks persist.

28 May 2026
US consumer confidence slips as petrol prices and Iran tensions cloud outlook for spending and markets

Conference Board confidence dipped to 93.1; inflation, gas and Iran conflict strain plans, raising volatility, hedging interest.

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