Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices rise as Trump announces harsh economic sanctions on Iran amid UAE trade halt.

Market News
20 Aug 2026
CNBC
View Source
Bullish
pluang ai news

Oil prices increased sharply after U.S. President Donald Trump declared an unprecedented economic campaign against Iran, calling it "economic warfare." Brent crude rose to $93.08 per barrel, and U.S. West Texas Intermediate futures also climbed. The move follows the UAE's decision to suspend all trade and financial transactions with Iran after missile attacks allegedly launched by Iran toward UAE territory. These developments intensify economic pressure on Iran and reduce the chances of a ceasefire agreement in the near future.

More News

Best savings accounts for retirement depend on your stage: invest early, save with high-yield accounts near retirement.

Best savings accounts for retirement depend on your stage: invest early, save with high-yield accounts near retirement.

For those building retirement savings, investing through 401(k)s, IRAs, or brokerage accounts is best for long-term growth due to tax advantages and compounding. Fidelity, Charles Schwab, and SoFi are top brokers offering low fees and strong investme...

Others
Bullish
4 hours ago
1911 Gold reports strong gold recovery results and successful mill recommissioning at True North and Ogama-Rockland projects.

1911 Gold reports strong gold recovery results and successful mill recommissioning at True North and Ogama-Rockland projects.

1911 Gold Corporation announced excellent metallurgical gold recovery results from its True North and Ogama-Rockland projects in Manitoba, Canada, with recoveries averaging over 93% and 96% respectively. The True North mill has been successfully reco...

Market News
Bullish
4 hours ago
Robo.ai completes key acquisitions, disposes legacy liabilities, aims for positive equity and revenue growth.

Robo.ai completes key acquisitions, disposes legacy liabilities, aims for positive equity and revenue growth.

Robo.ai has completed the disposal of its legacy operations, eliminating most historical liabilities, and acquired Neurovia AI and Quantum Core Capital to strengthen its technology and business platforms. It also established Alif Holding to focus on ...

Company Fundamentals
Bullish
4 hours ago
Bitcoin rallies near $70K after historic sell-side exhaustion low, but rising profit-taking may cap gains.

Bitcoin rallies near $70K after historic sell-side exhaustion low, but rising profit-taking may cap gains.

Bitcoin's price hovered between $60,000 and $64,000 before surging close to $70,000, driven by a historic low in sell-side exhaustion indicating fewer sellers. However, increased profit-taking and positive net inflows in the spot market could limit f...

Technical Signals
Neutral
4 hours ago
META faces potential H2 2026 financial challenges but offers buying opportunities amid AI investment and legal risks.

META faces potential H2 2026 financial challenges but offers buying opportunities amid AI investment and legal risks.

Meta Platforms may experience negative free cash flow and increased net debt in the second half of 2026 due to higher capital expenditure guidance and heavier spending in that period. Despite strong advertising growth, the stock might underperform be...

Analyst Insights
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App