Brent crude crossed USD 79 as fresh US strikes on Iran fuel supply fears

With US sanctions temporarily lifted, is Iranian crude back on the menu?

The US-Iran deal waives sanctions on Iranian oil sales, but Washington will need further steps to meaningfully shift global crude trade and ensure clearer visibility into Iranian oil transactions. The post With US sanctions temporarily lifted, is Iranian crude back on the menu? appeared first on Atlantic Council.

Oil Rises After Weekend of Back-and-Forth Strikes by U.S. and Iran

The continued cycle of attacks between Iran and the United States in the Persian Gulf posed fresh risks to ships seeking to navigate the Strait of Hormuz, testing markets on Sunday. Brent crude, the international oil benchmark, opened about 3.5 percent higher on Sunday, to nearly 79 a barrel. That is up nearly 9 percent []

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

JUST IN: 🇮🇷🇺🇸 Iran shipped 30,000,000 barrels of crude oil in the past week, before US lifted [...]

JUST IN: Iran shipped 30,000,000 barrels of crude oil in the past week, before US lifted sanctions.@BRICSNews

Oil prices decline as tanker traffic through Strait of Hormuz recovers

At present, Brent crude oil is trading at around 76 per barrel, while West Texas Intermediate (WTI), also known as Light crude, is priced at approximately 72 per barrel.

The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices

The potential unraveling of a fragile truce between Iran and the United States has renewed anxiety over fuel prices

IEA Warns US-Iran Escalation Threatens Global Oil Supply as Doha Talks Loom

The International Energy Agency warned Thursday that US strikes on Iran risk derailing oil market recovery, as Qatar braced to host talks after Khamenei's funeral. Brent crude fell to 76.37 as Hormuz transit slowed sharply under renewed military pressure.

Oil jumps 3% after US, Iran escalate strikes in Mideast

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and the United Arab Emirates over the weekend. This cycle of attacks casts doubt on an interim U.S.-Iranian agreement. Market analysts suggest the current flare-up represents an escalation within a fragile truce.

Iran vs US: Global crude oil prices drop

Global crude oil prices dropped despite the airstrikes’ resurgence between the United States and Iran. Checks by DAILY POST showed that Brent and West Texas Intermediate crude declined by 2 percent to 76 and 71 per barrel, respectively, at the time of reporting from 77 and 73. The respite in global oil prices on Thursday [] Iran vs US: Global crude oil prices drop

Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial

Crude Oil WTI is trading around 70.77 (-0.9) in early Asian hours, while Brent is hovering near 73.75 (-0.4), as easing geopolitical tensions between the U.S. and Iran continue to weigh on crude prices. Markets have largely priced in the prospect of renewed diplomacy after both sides agreed to halt attacks and resume technical talks [] The post Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial appeared first on Middle East News 247.

OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East

Brent crude oil, the international benchmark, dropped after OPEC Plus announced it would modestly increase production. Oil prices were trading The post OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East appeared first on IER.

Why this energy shock is different

The Gulf ceasefire lasted barely three weeks. After Iranian attacks on three commercial ships in the Strait of Hormuz, the United States struck more than 80 targets, revoked Iran’s oil-sanctions waiver, and declared the memorandum of understanding “over.” Yet the market response was telling: Brent crude rose to around 79 per barrel—a meaningful jump, but []

Crude oil futures gain on reports of Iranian strikes on US military targets in West Asia

At 10.03 am on Friday, September Brent oil futures were at 76.72, up by 0.55, and August crude oil futures on WTI (West Texas Intermediate) were at 72.46, up by 0.53

Oil off its highs but risks return

Oil prices came under significant pressure following the temporary deal between the US and Iran. But the recent flare-up in hostilities poses risks. The key factors for the outlook remain the sustainability of the Persian Gulf supply recovery and how soon Chinese buying returns to the market

Crude may revisit early-2026 highs if tensions worsen, but Asian refiners better prepared this time: International Oil Analyst

By Nikhil Dedha Singapore, July 9 (ANI): Global crude oil prices could revisit the highs seen earlier this year if tensions between the United States and Iran continue to escalate, although Asian refiners are now better prepared to deal with supply disruptions than they were at the beginning of the conflict, June Goh, Senior Oil Market Analyst at Sparta Commodities, told ANI.Speaking in an exclusive conve

U.S. lifts sanctions on Iranian oil

News Updates From CLG CLG News Jun 23, 2026 All links and summaries are here. U.S. lifts sanctions on Iranian oil | 22 June 2026 | The U.S. has issued a temporary sanctions waiver for Iran’s oil sector, authorizing the production, sale, delivery, and import of Iranian crude [] The post U.S. lifts sanctions on Iranian oil first appeared on Attack the System.

Oil prices surge following new U.S. strikes against Iran, with Brent crude exceeding $76

The latest exchange of strikes threatens to undermine the fragile ceasefire, while prices are also being supported by the U.S. Treasury's decision to revoke the waiver that had allowed Iran to sell oil The post Oil prices surge following new U.S. strikes against Iran, with Brent crude exceeding 76 appeared first on ProtoThema English.

Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share?

The four month Iran war severely disrupted global energy markets after Tehran restricted shipping through the Strait of Hormuz following U.S. and Israeli military strikes. At the height of the conflict, around 14 million barrels of oil per day were removed from global supply, triggering fears of a prolonged energy crisis and sending Brent crude [] The post Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share? appeared first on Modern Diplomacy.

India Considers Resuming Iranian Crude Purchases if U.S. Extends Sanctions Waiver

(NaturalNews) Indian state-owned refiners are weighing a return to purchasing Iranian crude oil if the United States extends a temporary sanctions waiver beyond its...

Oil price falls to pre-war levels as ships being moving through Strait of Hormuz

Brent crude was trading at around 72 a barrel on Thursday morning, the price it was at the day before the launch of attacks on Iran.

Oil prices jump more than 6% and stocks fall after Trump says ceasefire with Iran is 'over'

The price for a barrel of Brent crude oil, the international standard, rose to about 79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.

Oil and Gas Oil prices jump more than 4% after Trump threatens to bomb Iran again

Oil prices spiked Wednesday, after President Donald Trump threatened to bomb Iran again after declaring the ceasefire with the country over. West Texas Intermediatefutures were 4.9 higher at 73.89 per barrel. Brent crude, the international benchmark, jumped 5.2 to 78.02 per barrel. Both were off earlier highs over 6. During a joint press conference with NATO chief Mark Rutte at the military alliance's summit in Ankara, Turkey, on Wednesday, Trump was asked whether the U.S. ceasefire with Iran was over.

Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat

PETALING JAYA: Harga minyak mentah jatuh ke paras sebelum krisis dan trend tersebut dijangka berterusan dalam tempoh terdekat susulan langkah pengurusan risiko pasaran yang proaktif serta pemulihan pantas rantaian bekalan dari Asia Barat. Kontrak niaga hadapan minyak mentah Brent kini menghampiri paras AS72 setong, manakala penanda aras Amerika Syarikat (AS), West Texas Intermediate (WTI) berada ... Read more The post Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat appeared first on Utusan Malaysia.

US Reimposes Iran Oil Sanctions After Tanker Attacks

The United States (US) reimposed sanctions on Iranian oil on July 7, with a US official warning that Tehran’s attacks on vessels transiting the Strait of Hormuz were wholly unacceptable and would draw consequences, Reuters reported. Oil prices jumped more than 5 after the announcement. The US Treasury had authorized Iranian oil sales until August [] The post US Reimposes Iran Oil Sanctions After Tanker Attacks first appeared on Egypt Oil Gas.

Global markets trade mixed amid Middle East tensions ahead of Fed’s meeting minutes

Renewed tensions with US strikes on Iranian targets drive up crude oil prices, threatening inflation outlook and giving rise to Fed rate hike expectations

Oil prices spike as Trump declares ceasefire with Iran ‘over’

Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.2 to 76.48-76.54 per barrel. U.S. benchmark West Texas Intermediate similarly jumped 3.2 to around 72.72 per barrel. The situation worsened after Trump []...Click to read more

Russian Oil Exports Hit 2026 High as Iran Waiver Threatens Sales

Tumbling oil prices after the interim US-Iran peace deal are eating into Moscow’s windfall

Oil Prices Climb As Renewed US-Iran Tensions Raise Supply Concerns

Escalating hostilities between the US and Iran fuel concerns over oil supplies through the Strait of Hormuz.

Govt committed to passing oil price relief to consumers: Ali Pervaiz Malik

Petrol traded between 90.36 and 98.35 per barrel last week. The post Govt committed to passing oil price relief to consumers: Ali Pervaiz Malik appeared first on BOL News.

Oil prices spike after Trump declared ceasefire with Iran ‘over’

Oil prices soared after the United States launched strikes against Iran and President Donald Trump declared the ceasefire “over.” After U.S. Central Command announced new strikes against Iran, Brent Crude jumped over 3.2 to 76.48-76.54 per barrel. U.S. benchmark West Texas Intermediate similarly jumped 3.2 to around 72.72 per barrel. The situation worsened after Trump []