Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices dip but set for second weekly gain amid US sanctions threat on Iran

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

Oil prices slightly fell on Friday but are on track for a second consecutive weekly increase as the US announced plans for the toughest sanctions ever against Iran. This move has dimmed hopes for a quick reopening of the Strait of Hormuz, a key oil shipping route, amid ongoing tensions and attacks. Analysts say markets are pricing in the failure of diplomacy, with refined product prices like diesel hitting record highs due to supply concerns and strong demand. The situation keeps energy markets volatile and could lead to higher consumer costs if refinery constraints persist.

More News

US spot Solana ETFs see $14.6M inflow, largest in three weeks, signaling rising institutional interest.

US spot Solana ETFs see $14.6M inflow, largest in three weeks, signaling rising institutional interest.

U.S. spot Solana Exchange-Traded Funds (ETFs) recorded a net inflow of $14.59 million, the largest single-day inflow in three weeks, indicating renewed institutional interest in Solana. This inflow is a significant increase compared to $8.8 million o...

Market News
Bullish
4 hours ago
Shell adapts portfolio with ARC Resources buy to counter Middle East disruptions and boost profits

Shell adapts portfolio with ARC Resources buy to counter Middle East disruptions and boost profits

Shell is repositioning its portfolio to mitigate disruptions from the Middle East by acquiring ARC Resources, which offers low-cost, high-quality condensate production. This strategic move allows Shell to respond more quickly to geopolitical shocks a...

Market News
Bullish
4 hours ago
Class action lawsuit filed against ADMA Biologics for misleading investors and undisclosed transactions

Class action lawsuit filed against ADMA Biologics for misleading investors and undisclosed transactions

DJS Law Group announced a class action lawsuit against ADMA Biologics for alleged violations of securities laws, including making false statements and failing to disclose related party transactions. The lawsuit claims ADMA manipulated sales figures t...

Market News
Bearish
4 hours ago
Class action lawsuit filed against ADMA Biologics for misleading investors and undisclosed transactions

Class action lawsuit filed against ADMA Biologics for misleading investors and undisclosed transactions

Schall, Brown & Schwartz LLP has announced a class action lawsuit against ADMA Biologics for alleged securities violations including false statements, undisclosed related party transactions, channel stuffing to inflate revenue, and poor internal cont...

Market News
Bearish
4 hours ago
Texas Instruments posts strong Q2 2026 with 23% revenue growth and 53% net income rise.

Texas Instruments posts strong Q2 2026 with 23% revenue growth and 53% net income rise.

Texas Instruments reported a strong Q2 2026, with revenue up 23%, operating profit up 48%, and net income rising 53%, signaling a broad operational recovery. The company is ending a heavy capital expenditure cycle, with free cash flow increasing 56% ...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

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