Oil prices back up as U.S. and Iran trade fresh threats to expand 7-month war - CBS News

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More news about Iran

• The Hormuz bonus: Sailor salaries soar for transits amid Iran warAl Jazeera8 October 2026, 11:02 UTCIranCargo shipsReports have emerged that tanker captains are earning $100,000 plus a $50,000 per-trip bonus to transit the strait.
• Vrachtprijzen grote ruwe olietankers stijgen naar recordniveauNOS8 October 2026, 06:17 UTCIranCargo shipsDe vrachtprijzen voor ruwe olietankers hebben een recordhoogte bereikt. De vraag naar tankers is groot, maar wereldwijd is er een tekort. Dat blijkt uit onderzoek van ING. "Door de aanhoudende oorl...
• Oil majors look beyond Middle East war in pursuit of region’s vast reservesFinancial Times8 October 2026, 04:00 UTCIranWar activityWestern groups look to new investment opportunities despite the chaos and heightened risks caused by the conflict with Iran
• Oil companies are full speed ahead in the Middle EastFinancial Times8 October 2026, 04:00 UTCIranWestern groups look to new investment opportunities despite the chaos and heightened risks caused by the conflict with Iran
• Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'CNBC8 October 2026, 03:28 UTCIranGovernment leadersThe U.S. president and his national security team have discussed possibly resuming large-scale U.S. military operations in the coming weeks, NBC News reported.
• Iran-Afghanistan - Returns Emergency Response #34 (as of 3 October 2026) - ReliefWebGoogle News8 October 2026, 03:03 UTCIranIran-Afghanistan - Returns Emergency Response #34 (as of 3 October 2026) ReliefWeb
• Oil gains as Middle East hostilities stoke supply worriesCNBC8 October 2026, 01:46 UTCIranGovernment leadersPresident Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran in the coming weeks, NBC News reported.
• US stocks slide as oil prices fluctuate over renewed Iran war fearsAl Jazeera8 October 2026, 00:33 UTCIranEconomic dataOil prices rose on fresh concerns about Middle East supplies, before falling on the possible release of more reserves.

More on Economic data

• Oil prices jump on tanker attack and slowing flows through Strait of HormuzFinancial Times8 October 2026, 10:46 UTCCargo shipsTransit through vital waterway rose close to 90% of prewar levels last month but has since fallen sharply
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• Germany heads for fastest growth since 2022Financial Times8 October 2026, 10:15 UTCGermanyEconomic dataGovernment updates GDP forecast as exports and debt-funded spending spree help end years of stagnation
• Fed's Waller Sees Some Flexibility on Rate-Hike TimingBloomberg8 October 2026, 10:13 UTCTurkeyEconomic dataFederal Reserve Governor Christopher Waller said further interest-rate hikes will likely be needed to slow inflation. Speaking at an event organized by Turkey's central bank in Istanbul, Waller sai...
• Flávio Bolsonaro’s plan to ‘wield the big scissors’ to Brazil’s budgetFinancial Times8 October 2026, 10:00 UTCBrazilEconomic dataHard-right senator has pledged to slash outlays by 1.5% of GDP, but analysts warn austerity will be politically challenging