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Oil Prices Rebound As Investors Weigh Renewed U.S.-Iran Tensions

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Oil prices rebounded on Thursday after falling more than 5 percent in the previous session to reach their lowest levels in a month on hopes of a possible agreement between the United States and Iran to end the war and reopen the Strait of Hormuz. Brent crude futures for August delivery were up 2.2 percent at $94.29 a barrel, while WTI crude futures for July delivery climbed 2.2 percent to $90.58.A...

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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