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Oil prices rise over 2% as Iran fires missiles at Israel amid Middle East tensions

Market News
07 Jun 2026
CNBC
View Source
Bullish
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Oil prices surged on Monday following missile attacks by Iran on Israel, raising fears of prolonged conflict in the Middle East. Brent crude futures rose 2.42% to $92.73 per barrel, while U.S. West Texas Intermediate futures gained 2.44% to $95.36. The U.S. President was briefed on the situation, with Iran signaling that a deal with the U.S. is no longer feasible. Meanwhile, OPEC+ agreed to increase oil production targets by 188,000 barrels per day from July, marking the fourth quota hike since the Strait of Hormuz closure, reflecting ongoing supply adjustments amid geopolitical tensions.

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Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...

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1 hour ago
DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

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Others
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1 hour ago
Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson stock could rise 25% on new digital sales and advanced analytics innovations.

Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...

Analyst Insights
Bullish
2 hours ago
AngioDynamics jumps on strong Q4 sales and raised price target to $19 by H.C. Wainwright

AngioDynamics jumps on strong Q4 sales and raised price target to $19 by H.C. Wainwright

AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...

Company Fundamentals
Bullish
2 hours ago
PNC beats Q2 earnings estimates with record revenue, but shares fall on expense and deposit concerns.

PNC beats Q2 earnings estimates with record revenue, but shares fall on expense and deposit concerns.

PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...

Company Fundamentals
Neutral
2 hours ago
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