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Oil prices drop amid ship attack in Strait of Hormuz and diesel supply concerns.

Market News
15 Oct 2026
CNBC
View Source
Bearish
Oil prices drop amid ship attack in Strait of Hormuz and diesel supply concerns.

Oil prices fell as a Singapore-registered ship was sunk in the strategic Strait of Hormuz, raising fears of prolonged Middle East conflict. The International Energy Agency warned that diesel supply constraints could persist into next year, while tensions between the U.S. and Iran remain high with no diplomatic progress. Despite the risks, Saudi crude continues to reach markets through alternative routes, and emergency stock releases help stabilize prices for now.

Oil market tensions are highlighted by recent Middle East conflicts and the International Energy Agency's diesel supply concerns. For readers following energy stocks, here is Pluang's market snapshot as of Oct 15, 2026 11:21 WIB: Among 79 priced Energy-sector US stocks, 22 rose and 56 fell. Notable movers include Energy Fuels Inc Ordinary Shares (UUUU) at USD 8.25 with a -11.00% change and a Pluang order activity of 31% Sell / 69% Buy, Enphase Energy Inc (ENPH) at USD 28.67 with a -10.49% change and 32% Sell / 68% Buy, and Nextpower Inc. Common Stock (NXT) at USD 81.00 with a -8.75% change and 0% Sell / 100% Buy.

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Global leaders gather in Singapore to explore AI, tokenization, and digital assets reshaping capital markets

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London author publishes superhero thriller under hero's own anonymous name

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Most top cryptocurrencies fall, Pump.fun drops nearly 14% in 24-hour trading

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In the past 24 hours, 80 of the 90 largest cryptocurrencies by market cap declined, with Pump.fun (PUMP) experiencing the steepest drop of 13.76% to $0.00436. Other notable losses included Zcash down 13.07% and Canton falling 12.75%. Meanwhile, only ...

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NEAR token drops 3% in an hour amid $170K liquidations on major exchanges

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The NEAR/USDT trading pair on Binance spot fell 3.02% within one hour, dropping from $4.80 to $4.65. During this period, liquidations of NEAR positions across Binance, Bybit, and OKX totaled $170,000, with $130,000 in long positions and $40,000 in sh...

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Pump.fun (PUMP) token drops nearly 9% in four hours on Binance trading

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Pump.fun (PUMP) token price fell 8.97% over four hours to $0.004335 on Binance spot market by late Oct 14. The decline reflects a $0.000427 drop from an earlier price of $0.004762. During the same period, $320,000 worth of long positions were liquida...

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