Oil Retreats After Hitting Four-Year High on Concern of US-Iran War Escalation

Oil Hits Four Year High As Iran Negotiations Continue

Oil briefly hit $126.41 a barrel early Thursday as market volatility tied to the Iranian conflict continued.

Global Oil Price Retreats After Hitting 4-Year High as Iran War Deadlock Continues

Oil prices retreated ​after hitting a four-year high of more than $126 a barrel ​on April 30, amid concerns that the U.S.–Iran war could escalate and disrupt oil flows out of the Middle East for an extended period. Global oil benchmark Brent crude futures were down by $2.05, or 1.7 percent, to $115.98 a barrel as ​of 6:16 a.m. ET, after touching an intraday high of $126.41, ​the ⁠loftiest since March 9, 2022—just weeks after Russia launched its …

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Iran-US war, day 63: Oil at four-year high! - News Pakistan

TEHRAN: On (1st May, 2026) the 63rd day of Iran-US war, Brent is at four-year high, i.e. $126.41 (for next month’s delivery). Meanwhile, Tehran and Washington are engaged in war of rhetoric. President Donald Trump said US might need to restart the war. It is pertinent to mention here that America has paid a hundred million bucks to an AI firm to train its naval personnel enabling them to destroy Iranian mines utilizing modern technologies. Presi…

Candriam: The new global disorder

Steeve Brument, Global Head of Alternative Investments at Candriam, shares his insights on the effects of the US-Iran conflict on global investments. March was dominated by the Middle East shock, as the escalation of the US-Iran conflict and disruption around the Strait of Hormuz pushed energy prices sharply higher and reignited inflation concerns globally. For Europe, the macro mix became more difficult: activity had shown tentative improvement…