Tuesday, January 27, 2026 at 8:23 PM
Oil futures gained as the U.S. military buildup in the Middle East kept concerns of possible action against Iran in traders’ sights.
Oil futures rose for a third straight session, settling at multimonth highs as U.S. military moves into the Middle East raised expectations of possible action against Iran.
Oil jumped in as fresh tensions over Iran keep markets on edge, weighing on equities and fueling safe-haven assets to new highs.
Oil futures added to the previous session’s gains after Trump posted that a “massive Armada” is heading to Iran.
Oil prices slipped on signs of de-escalating tensions between the U.S. and Iran. Officials from both countries are set to meet in Turkey this week.
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