Fragile Iran Deal Offers Oil Relief, but Hormuz Risks Remain: Bousso
The U.S.-Iran deal ending months of fighting and reopening the Strait of Hormuz will prompt a collective sigh of relief from energy exporters and importers alike. But the fragile calm…
EARLY TRADING: US Energy Shares Fall as Iran Deal Lowers Hormuz Disruption Risk
A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. REUTERS/Stringer June 15 (Reuters) – U.S. energy shares fell in premarket trading…
Oil Hits 3-Month Low as US, Iran Reach Peace Deal to Reopen Strait of Hormuz
Summary US, Iran to sign MOU on peace deal on Friday, Pakistan PM says Deal includes reopening of Strait of Hormuz Further talks on final agreement expected in next 60…
US and Iran Agree to Deal Halting War That Shook Middle East
President Donald TrumpPhotographer: Shawn Thew/EPA/Bloomberg The US and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and…
Oil Slips Over 4% After US, Iran Reach Peace Deal to Reopen Strait of Hormuz – Deal to be Signed Next Friday
SINGAPORE, June 15 (Reuters) – Oil prices slipped in early trading on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they have reached a deal to…
Iran Says Draft US Deal Includes Oil Sanctions Waiver, Nuclear Limits and Asset Release
Reuters A senior Iranian official told Reuters a final draft of the memorandum of understanding with the U.S. covered a range of issues, from Tehran’s nuclear work to reopening the…
Oil Falls to Lowest Since March on Expected Peace Deal
Summary Brent hits lowest level since early March, WTI at lowest since April Analysts say upside risks remain, seasonal demand could lift prices OPEC lowers 2026 oil demand growth forecast…
US LNG Exporters Find Few Takers in Europe for New Supply
By and US liquefied natural gas developers expected Europe to become the cornerstone market for the next generation of export projects. Instead, the region is increasingly shying away from the…
Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote
By Buyback pause linked to pending ARC Resources acquisition and shareholder vote Unpurchased shares will be rolled into 2026 buybacks, pending board approval ARC deal is Shell’s largest since 2016…
US Military Helps Move 7 Million Barrels of Oil Per Day Out of Persian Gulf, Wright Says
(Reuters) – Roughly 7 million barrels of oil are getting out of the Persian Gulf each day with U.S. military help, U.S. Energy Secretary Chris Wright said on Friday at…
