Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.
Category: Iran
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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
The New York Times – Business: -
The Peace Rally Gets Derailed
The New York Times – Business:Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
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Oil Prices Jumped and Stock Futures Fell on Renewed Iran Conflict
The New York Times – Business:Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.
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Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
The New York Times – Business:Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
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Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
The New York Times – Business:Friday’s statements raised investors’ hopes that oil and gas would start moving out of the Persian Gulf in significant volumes again.
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Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
The New York Times – Business:But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off
The New York Times – Business:Tehran’s digital warriors have continued to seek ways to gain an advantage in the conflict in a new phase of cyberspace operations.
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European Airlines Face Fuel Shortages Within Weeks
The New York Times – Business:If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
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Stocks Extend Rally and Oil Prices Stabilize as Investor Optimism Grows
The New York Times – Business:Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal.