Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market falls after a sell-off across Wall Street's tech and AI stocks. Follow live. Grouped from 2 articles across 2 sources.
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Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market falls after a sell-off across Wall Street's tech and AI stocks. Follow live.
Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
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The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast. Grouped from 2 articles across 2 sources.
Three Iranian tankers loaded with crude oil have passed the US blockade line in the Gulf of Oman, ship-tracking data shows.
Oil production facilities and markets will take months or years to work through consequences of Strait of Hormuz closure
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
President Trump at the G7 summit said the memorandum of understanding reached with Iran "might not be the kind of document that I should be signing." Grouped from 7 articles across 4 sources.
Crude oil stockpiles across the country continued to plunge this week, as the U.S. tapped backup supplies of energy products to help keep gas prices down.