Global markets tightened on Monday as renewed U.S.-Iran tensions pushed oil prices higher and weighed on equity futures, with Brent crude jumping nearly 7% to $96.85 a barrel although U.S. Stock index futures pointed to a lower weekly open. The …
Oil prices rose on April 20, 2026, after former US President Donald Trump claimed on social media that an Iranian vessel had been seized in the Strait of Hormuz. Trump’s statement triggered immediate market reaction despite lack of confirmation Brent …
Minutes before Iran announced the temporary reopening of the Strait of Hormuz, traders sold nearly $760 million in oil futures betting prices would fall — and were proven right when Brent crude dropped to $88.73 a barrel. The trades occurred …