Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Latest Oil Market News and Analysis for Sept. 2
Business & Finance

Latest Oil Market News and Analysis for Sept. 2

Bloomberg Markets Tuesday 01 September 2026, 22:04 UTC By Kanoko Matsuyama 1 min read
Key Points

Oil climbed for a third session on heightened concerns about prolonged disruptions to energy flows through the vital Strait of Hormuz after an escalation of hostilities between the US and Iran.

Oil climbed for a third session on heightened concerns about prolonged disruptions to energy flows through the vital Strait of Hormuz after an escalation of hostilities between the US and Iran.
Latest Oil Market News (ORG) Strait (LOCATION) Hormuz (LOCATION) US (LOCATION) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Ambani’s Streaming Site Eyes Millions of Indian Diaspora

India’s largest video streaming platform JioHotstar is expanding overseas for the first time, launching in the UK, Canada and Singapore as it seeks to tap millions of potential viewers in the growing South Asian diaspora.

Bloomberg Markets 26m ago

GST inflow rises by double digits 3rd month in a row

NEW DELHI: GST collections grew at double-digit rates for the third straight month on the back of a 29% jump in the mop-up from imports in Aug, while revenue from domestic transactions was up 9.3%. Latest available data estimated GST collections to have risen 14.8% to Rs 1,99,853 crore, with over two-thirds coming from domestic sources, while Rs 62,604 crore came from imports. The collections in Aug relate to transactions in July.

Times of India 27m ago

US urges G20 to cut trade imbalances, focus on China

US urges G20 to cut trade imbalances, focus on China US Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports. United States Treasury Secretary Scott Bessent is urging some of his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs and other measures to crack down on trade imbalances. The administration of US President Donald Trump urged other G20 countries on Tuesday to do more to protect their...

Al Jazeera 54m ago

Asian Stocks Set for Declines as Oil Extends Gains: Markets Wrap

Asian stocks were set to decline Wednesday as surging oil prices pushed bond yields higher and stoked fears that resurgent inflation will force central banks to tighten monetary policy.

Bloomberg Markets 1h ago