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Oil Prices 28 February 2026 - 2 March 2026

Chevron stock jumps in premarket as oil spikes on Hormuz disruption, Middle East strikes

Chevron stock jumps in premarket as oil spikes on Hormuz disruption, Middle East strikes

Chevron shares rose about 4% in U.S. premarket trading Monday after drone strikes shut Saudi Aramco’s Ras Tanura refinery and halted Chevron’s Leviathan gas field in Israel. Brent crude spiked as much as 13% before easing. Attacks disrupted shipping near the Strait of Hormuz, raising supply fears. OPEC+ plans a modest output increase from April.
2 March 2026
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IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG shares fell 6.8% to 395 pence Monday as travel stocks dropped on surging oil prices and Middle East disruption. British Airways canceled several Middle East flights and offered rebooking or refunds. IAG’s €500 million share buyback begins Monday and runs through May 29. About 14.4 million IAG shares traded as the STOXX 600 lost 1.8% and oil jumped up to 13%.
2 March 2026
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Shell share price in focus as oil jumps on Hormuz disruption ahead of London open

Shell share price in focus as oil jumps on Hormuz disruption ahead of London open

Shell shares closed Friday at 3,073.5 pence, up 1.6% and near a 52-week high, ahead of Monday’s London open. Brent crude surged up to 13% after attacks disrupted shipping in the Strait of Hormuz, with over 200 vessels anchored outside the route. OPEC+ agreed to raise April output by 206,000 bpd, but analysts say prices hinge on Gulf developments and shipping flows. FTSE futures fell 0.6% in early trading.
2 March 2026
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Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas shares closed down 5.4% at A$9.41 after Brent crude surged up to 13% in early Asian trade amid fears of wider U.S.-Iran conflict. Airline stocks across the region fell as Middle East airspace closures forced rerouting and cancellations. Qantas will trade ex-dividend on March 10, with payment due April 15. The S&P/ASX 200 ended up 0.03%, led by energy and gold stocks.
2 March 2026
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Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

OPEC+ agreed to raise oil output by 206,000 barrels per day as tanker operators paused or rerouted shipments after Iran warned the Strait of Hormuz was closed. Major Japanese shipping lines halted transits in the area. Oil markets are closed until Monday, when traders expect sharp price moves. No confirmed damage to infrastructure, but tanker rates have surged.
1 March 2026
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Before Wall Street opens Monday: Iran strikes, oil-supply fears and the U.S. jobs report

Before Wall Street opens Monday: Iran strikes, oil-supply fears and the U.S. jobs report

Wall Street closed out February with the Dow down 1.05%, S&P 500 off 0.43%, and Nasdaq down 0.92%, marking their steepest monthly drops since March 2025. Oil shipments through the Strait of Hormuz stalled after U.S.-Israel strikes killed Iran’s Supreme Leader, prompting Iranian missile retaliation. OPEC+ agreed in principle to raise output by 206,000 barrels per day, but traders remain focused on supply risks.
1 March 2026
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SET Index week ahead: Thai stocks brace for oil shock, dividends and a short trading week

SET Index week ahead: Thai stocks brace for oil shock, dividends and a short trading week

Thailand’s SET Index closed Friday at 1,528.26, down 0.35%, with turnover at 104.31 billion baht. Oil and travel stocks drew attention after U.S.-Israeli strikes on Iran disrupted shipping through the Strait of Hormuz. The market is closed March 3, with volatility expected when trading resumes. The baht traded at 31.0580 per U.S. dollar, little changed from the previous day.
1 March 2026
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IBEX 35 week ahead: Oil shock risk, Santander jitters and fresh data in focus on Spain’s BME

IBEX 35 week ahead: Oil shock risk, Santander jitters and fresh data in focus on Spain’s BME

Spanish stocks reopen Monday after U.S. and Israeli strikes on Iran raised supply fears and pushed Brent oil toward $100. The IBEX 35 last closed down 0.73% at 18,360.80, with banks under pressure after Santander fell 2.8% on UK credit worries. Acciona Energia proposed a 93% dividend cut and flagged 2 billion euros in asset sales. Amadeus beat earnings forecasts and approved a 500 million euro buyback.
1 March 2026
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ASX Week Ahead: Record-high ASX 200 faces GDP, trade tests as global oil risk hangs over markets

ASX Week Ahead: Record-high ASX 200 faces GDP, trade tests as global oil risk hangs over markets

The S&P/ASX 200 closed at a record 9,198.6 on Friday, up 0.25%, led by gains in miners and rare earths. Coles and Woolworths slipped after results, while Block jumped and Bapcor fell on a capital raising. Investors await key economic data next week, including GDP and housing approvals. Offshore, global stocks dipped and oil prices rose on Middle East concerns.
1 March 2026
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FTSE 100 record close meets Iran-oil risk: what could move London stocks this week

FTSE 100 record close meets Iran-oil risk: what could move London stocks this week

The FTSE 100 closed Friday at a record 10,910.55, up 0.6%, marking its third straight all-time high. U.S.-Israeli strikes killed Iran’s Supreme Leader, prompting some oil shipments to pause and Brent crude to hit $73. OPEC+ meets Sunday to discuss a possible April output hike. UK earnings and U.S. payrolls data are expected to influence rate expectations this week.
1 March 2026
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Wall Street week ahead: Iran strikes, oil risk and jobs report loom for S&P 500, Dow

Wall Street week ahead: Iran strikes, oil risk and jobs report loom for S&P 500, Dow

U.S.-Israeli strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei, prompting Tehran to close the Strait of Hormuz and halt tanker traffic, according to Reuters. The S&P 500 fell 0.4% to 6,878.88 Friday, capping its weakest month since March 2025. Oil settled at $72.48 a barrel as traders braced for supply disruptions. OPEC+ members meet Sunday to discuss possible output increases.
1 March 2026
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GE Aerospace stock price: what to watch on NYSE:GE after Iran strikes rattle oil and supply chains

GE Aerospace stock price: what to watch on NYSE:GE after Iran strikes rattle oil and supply chains

GE Aerospace shares rose 0.4% to $342.26 Friday, near recent highs, as U.S.-Israeli strikes on Iran pushed oil prices up and led several tanker owners to suspend shipments through the Strait of Hormuz. Wall Street fell, with the S&P 500 down 0.43% and Brent crude up 2.45% to $72.48. Airlines canceled flights across the Middle East. Melrose Industries warned supply bottlenecks and tariffs could constrain aerospace output in 2026.
28 February 2026
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Stock Market Today

  • Sensex surges 1,695 points on US-Iran peace talks, crude oil price drop
    June 13, 2026, 2:09 AM EDT. The Sensex jumped 1,695 points to close at 75,528 on Friday, driven by revived US-Iran peace deal talks that sent Dow Jones up over 900 points and Brent crude prices below $90 per barrel. The decline in crude prices eased fears over global supply disruptions, strengthening the rupee to 95.11 against the dollar. Domestic funds bought aggressively, while foreign portfolio investors sold shares worth Rs 1,082 crore. Market cap rose to Rs 462 lakh crore, adding Rs 9.7 lakh crore in investor wealth. Experts highlighted that positive geopolitical developments and lower oil prices improved the near-term outlook for Indian equities. Upcoming US Federal Reserve policy decisions and industrial data will guide markets further.

Latest articles

SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

SGH Limited Holds Back as ASX 200 Pushes Higher Before FY26 Results

13 June 2026
SGH closed at A$41.51, up 0.70% but underperformed the S&P/ASX 200’s 1.98% surge, as investors weighed solid cash flow and Boral margin gains against a high 36.03 P/E, mixed demand, and M&A risk; the next key catalyst is FY26 results on August 11, with analysts’ average target at A$47.64, 14.76% above Friday’s close.
NCR Voyix Rallies 10% After Investors Shift on Turnaround Bets

NCR Voyix Rallies 10% After Investors Shift on Turnaround Bets

13 June 2026
NCR Voyix soared 10.25% to $7.85, far outpacing the market, as investors focus on the company’s 2026 cash-flow and earnings targets; the next key catalyst is the Q2 2026 earnings update, with stock valuation appearing low if management delivers on margin and cash-flow goals, but risks remain with declining reported revenue and high debt.
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