Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

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.

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

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 jump after renewed Middle East escalation

Global oil prices surged by more than 3 on Wednesday after the United States launched strikes against Iran in response to attacks on three oil tankers in the Strait of Hormuz. The price of Brent crude rose 3.2 to US76.54 per barrel in Wednesday morning trading, while West Texas Intermediate (WTI) crude also climbed 3.2 [] The post Oil prices jump after renewed Middle East escalation appeared first on Baltic News Network.

Oil Market Calm Is Shattered by Fresh Hostilities

The latest cracks in the cease-fire between the United States and Iran have jolted an oil market that in recent weeks seemed to think durable peace between the countries was within reach. By midday Wednesday, international oil prices were approaching 80 a barrel, their highest level in weeks, after President Trump said the temporary truce []

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

Oil surges after U.S. launches strikes on Iran

WASHINGTON: Oil prices jumped Wednesday after the U.S. military launched a series of strikes against Iran in retaliation for attacks on three commercial vessels in the Strait of Hormuz, raising tensions just weeks after a fragile ceasefire reopened the critical waterway. West Texas Intermediate crude for August delivery rose 2.87 to settle at 72.46 per ... Read more The post Oil surges after U.S. launches strikes on Iran 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 []

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

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

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.

Global Oil Prices Jump Over 4% as US-Iran Tensions Raise Supply Concerns

Global oil prices surged more than 4 on Monday, with investors reacting to escalating tensions between the United States and Iran and renewed concerns over potential disruptions to crude supplies through the Strait of Hormuz. Brent crude climbed close to USD 79 per barrel, while U.S. West Texas Intermediate (WTI) rose over 4 to around USD 74.32 per barrel.

Oil prices climb as renewed Middle East tensions raise supply concerns

London, June 29 (SANA) Oil prices rose on Monday after renewed military strikes between the United States and Iran heightened concerns over global energy supplies and disrupted oil shipping through the Strait of Hormuz. According to Reuters, Brent crude futures gained 50 cents, or 0.69, to 72.49 a barrel, while U.S. West Texas Intermediate crude []

US Iran War LIVE Updates: US waives sanctions on Tehran after talks; Lebanon fighting abates

US Iran War LIVE Updates: Iranian crude is flooding onto the global market again, just as the US waives sanctions on the cargoes, permitting far more countries to buy them.

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.

Crude oil prices rise after Trump declares end to ceasefire with Iran

Crude oil prices rose on Wednesday after United States President Donald Trump declared the ceasefire with Iran over. Checks by DAILY POST on Wednesday showed that Brent and West Texas Intermediate crude rose by around 4 percent to 77.74 per barrel and 73.52 per barrel, from 72 and 68 per barrel, respectively, on Tuesday. DAILY POST reports that Trump said [] Crude oil prices rise after Trump declares end to ceasefire with Iran

Oil prices jump after Trump says Iran ceasefire 'over'

The price of crude oil surged on Wednesday morning after President Trump declared that the ceasefire agreement with Iran is “over.” Trump told reporters during the NATO summit in Ankara, Turkey, that he did not want “to deal” with Tehran anymore. “They’re scum,” he added. The president's comments came just hours after U.S. Central Command...

Wall Street mixed and oil prices jump after Iran and the U.S. trade another round of attacks

Oil prices jumped and early trading on Wall Street was mixed after the U.S. carried out airstrikes and Iran retaliated.

Crude prices climb after US hits Iran as Gulf states targeted in flareup over Hormuz

Crude prices climb after US hits Iran as Gulf states targeted in flareup over Hormuz

Oil Prices Tumble Following US–Iran Agreement, Sanctions Relief

Brent Crude fell to 77 per barrel, its lowest in nearly three months.

Oil prices spike again following US and Iran’s latest ‘tit-for-tat’ in the Middle East

CommSec’s James Gruber claims oil prices have spiked again after Iran and the US traded attacks. “Oil prices spiking; they’re up over five per cent, the spot oil prices,” he told Sky News Australia. “That’s after Iran and the US tit-for-tat in the Middle East.” Presented by CommSec.

Oil prices rise after US-Iran flareup; Qatar talks in focus

Oil prices rise after US-Iran flareup; Qatar talks in focus

Oil prices jump more than 6% after Trump says ceasefire with Iran is ‘over’

Oil prices surged more than 6 after U.S. President Donald Trump said Wednesday that the interim agreement with Iran is “over,” though he will allow talks to continue. Trump made the comments following U.S. strikes on Iran in reaction to attacks on three ships in the Strait of Hormuz. The price of Brent crude oil [] The post Oil prices jump more than 6 after Trump says ceasefire with Iran is ‘over’ appeared first on CityNews Montreal.

Morocco faces fresh uncertainty as oil prices climb

Global oil prices are once again experiencing volatility as renewed security tensions in the Middle East push crude prices higher, raising questions about whether the recent decline in fuel prices in Morocco will come to an end. Although oil prices edged slightly lower in early trading on Friday, both major benchmarks remained on track for [] The post Morocco faces fresh uncertainty as oil prices climb appeared first on HESPRESS English - Morocco News.

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.