Today: 15 June 2026
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NYSE:REP 3 November 2025 - 13 April 2026

Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

Europe’s immediate-delivery crude surged to nearly $150 a barrel and U.S. stock futures dropped after the U.S. ordered a blockade on Iranian port traffic, set to begin at 1400 GMT. North Sea Forties crude hit a record $148.87, while Brent rose above $100. Shipping through the Gulf showed disruption, with tankers rerouting and Tehran warning of retaliation. Dow, S&P 500, and Nasdaq futures all fell before the open.
13 April 2026
Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Brent crude rose 50 cents to $64.26 a barrel by 1000 GMT Friday, rebounding after a sharp drop tied to easing fears of U.S. strikes on Iran. U.S. crude inventories climbed by 3.4 million barrels last week, while gasoline stocks jumped 9 million barrels, EIA data showed. Repsol, ENI, and Maurel & Prom are seeking U.S. approval to resume Venezuelan crude exports. OPEC projected 2027 oil demand growth at 1.34 million barrels per day.
Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Price Rebound as OPEC Freezes Output Hikes: Winners, Losers, and 2026 Outlook

OPEC+ will limit its oil supply increase to 137,000 barrels per day in December and pause further hikes through early 2026, citing weak demand and glut fears. Brent crude rebounded to $65 after the announcement, lifting oil stocks like BP and Shell. Analysts expect stable prices in the near term, but forecasts for 2026 remain split, with estimates ranging from $52 to $60 per barrel.

Stock Market Today

  • US-Iran Peace Deal Boosts Indian Tourism Stocks, Nifty India Tourism Hits 3-Month High
    June 15, 2026, 3:54 AM EDT. Indian tourism stocks surged following a historic US-Iran peace deal, with the Nifty India Tourism Index hitting a three-month peak. Shares of IndiGo and Leela Palaces led the gains, reflecting investor optimism on a potential surge in cross-border travel and hospitality demand. The peace agreement is expected to ease regional tensions, boosting foreign tourist arrivals and advancement of India's hospitality and airline sectors. The stock rally highlights the market's sensitivity to geopolitical developments impacting tourism-related companies in India.

Latest articles

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

15 June 2026
Dow, S&P 500, and Nasdaq futures rose Sunday evening after reports of a U.S.-Iran peace deal that would reopen the Strait of Hormuz, sending oil prices down over 4% as traders anticipated resumed energy shipments; SpaceX shares surged 19.2% in their Nasdaq debut, closing at $160.95 and pushing market cap above $2 trillion, while investors await confirmation of the deal and details on shipping normalization.
Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

15 June 2026
Brent crude plunged 4.02% to $83.82 and WTI fell 4.63% to $80.95 after the U.S. and Iran reached a deal to halt the war and reopen the Strait of Hormuz, easing inflation pressure and lifting profit expectations for Asian equities, but execution risks remain with the deal’s terms incomplete and potential for oil to rebound if tensions flare. (Reuters)
Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

15 June 2026
U.S. stocks face key risks as investors await the June 16–17 Fed meeting, with inflation at 4.2% and Brent crude at $86.80; the U.S.-Iran deal could lower oil prices and ease inflation, but uncertainty over terms and Fed policy keeps markets volatile, while SpaceX’s 19.2% Nasdaq debut signals strong demand for AI-linked growth stocks. (Reuters)
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