Oil Price Today (May 7): Crude oil reclaims $100, snaps two-day losing streak. Here’s why

May 7, 2026 · Economic Times

Geopolitical tensions drag markets lower, but Nifty ends week in green
Indian equities closed lower Friday, impacted by renewed US-Iran tensions, though the market secured weekly gains thanks
Citi downgrades India to 'Underweight' amid earnings and geopolitical risks
Mumbai Citi has downgraded India to underweight, citing persistent macroeconomic and geopolitical challenges alongside w
US military strike on vessel in eastern Pacific kills two people, leaving one survivor
More than 190 people have been killed in such strikes on alleged drug trafficking boats in the Caribbean and PacificThe
Carson Miller's no-hitter silences Canal Winchester dugout
Lancaster pitcher Carson Miller threw a complete-game no-hitter, fueled by chirping from the Canal Winchester dugout.
Knicks fans’ outburst marrs tribute to Nick Nurse’s late brother during game 3
A New York Knicks fan disrupted a moment of silence for the late brother of Philadelphia 76ers head coach Nick Nurse on