Body found stuffed in barrel linked to police chief, Belgrade prosecutors say

Serbian police on Thursday found the body of a man stuffed in a barrel following his organized crime-linked shooting in a restaurant that led to the arrest of Belgrade’s police chief, prosecutors said. Serbian police and army were searching for Aleksandar Nesovic, known as “Baja”, who disappeared last week after Belgrade police chief Veselin Milic … Read more

Wall Street, global markets surge after US-Iran ceasefire sends oil prices below $100 a barrel

Wall Street surged in Wednesday premarket trading as oil prices plunged below $100 after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Futures for the S&P 500 jumped 2.7% before the opening bell and futures for the Dow Jones Industrial Average climbed 2.6%. Nasdaq futures … Read more

US crude tops $110 per barrel and Wall Street tumbles after Trump vows to escalate attacks on Iran

Oil rose more than 10% and U.S. futures tumbled Thursday after President Donald Trump said in his first national address since the Iran war began that the United States will escalate its campaign in the coming weeks. Futures for the S&P 500 tumbled 1.5% before the opening bell, while futures for the Dow Jones Industrial … Read more

Stocks end mixed as crude oil prices rise and stay over $100 a barrel

Stocks end mixed as crude oil prices rise and stay over $100 a barrel – CBS News Watch CBS News Wall Street had a shaky start to the week on Monday, as U.S. stocks ended mixed and crude oil prices stayed above $100 a barrel. Yahoo Finance senior reporter Brooke DiPalma joins to discuss. Source … Read more

Brent crude touches $115 a barrel, while U.S. stocks recover some losses

Brent crude touched $115 a barrel on Monday amid new threats from President Trump that the U.S. could destroy Iranian infrastructure, including power plants and oil wells, if the Strait of Hormuz isn’t reopened. Brent crude, the international benchmark, rose to $115 a barrel on Monday before retreating to $107.95, according to data from Oilprice.com … Read more

U.S. oil soars past $100 a barrel, as Iran war shows no signs of ending soon

U.S. crude oil hit $100 per barrel Sunday, continuing its surge as the U.S.-Israeli war with Iran shows no signs of ending soon and despite attempts by the Trump administration and allied countries to slow rising prices. As oil futures trading resumed trading at 6 p.m. ET, U.S. crude oil jumped more than 2%, to … Read more

Gas prices edge higher with Brent crude remaining above $100 per barrel

Gasoline prices inched higher on Monday with Brent crude remaining above $100 per barrel, as the Strait of Hormuz, a vital shipping lane for the global energy supply, remains paralyzed amid the Iran war.  The average price for a gallon of gas rose to $3.72 on Monday, up from $3.70 on Sunday and representing an increase … Read more

Massive emergency oil release fails to stem investor fears as oil surges above $100 a barrel

Stock futures slid and oil prices surged above $100 a barrel on Thursday as Iran continued its assaults on U.S. Gulf allies and tankers in the Persian Gulf, with a massive release of oil supplies by the International Energy Agency doing little to calm jittery investors. “Iran’s strategy of sowing economic chaos in the Gulf … Read more