Crude oil futures jump more than 4% as US-Iran conflict escalates

Commodities: U.S.-Iran Ceasefire Breakdown Pushes Oil Higher

Commodities: U.S.-Iran Ceasefire Breakdown Pushes Oil Higher

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

Oil jumps above $75 a barrel after Trump reinstates Strait of Hormuz blockade

Oil prices jumped Monday after President Donald Trump said the U.S. would reimpose a naval blockade against Iran as Tehran and Washington battle to control the Strait of Hormuz. Brent crude futures, the international benchmark, advanced 5.3 to 80 per barrel. West Texas Intermediate futures were last seen 5.3 higher at 75.18. “We are reinstating []...Click to read more

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 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.

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

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

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 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.

Oil surges 5% after Trump says ceasefire with Iran is over

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 futures for August delivery rose 5.2 to 74.13 per barrel. Futures ... Read more The post Oil surges 5 after Trump says ceasefire with Iran is over appeared first on BOL News.

Oil prices plummet on hopes of increased supply, high gasoline prices persist

The pause in hostilities between the U.S. and Iran has led to a decline in future oil prices, but industry analysts say it will take time to trickle down to lower gasoline prices.

JUST IN: 🇺🇸🇮🇷 IEA says US-Iran war restarting could trigger another global oil shortage.

JUST IN: IEA says US-Iran war restarting could trigger another global oil shortage.@BRICSNews

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

Iran ceasefire's end drives up oil prices and uncertainty

The end of the U.S.-Iran ceasefire is driving oil prices higher and fueling uncertainty over future energy prices. On Tuesday and again Wednesday, the U.S. said it was striking Iran in retaliation for attacks on three commercial ships in the Strait of Hormuz. President Trump, speaking at the NATO summit in Turkey, declared that the ceasefire that ended...

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.

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.

Oil futures rise on continued US-Iran hostilities

Oil futures rose slightly Sunday as US-Iran hostilities continued for a fourth consecutive day and with Iran insisting on control of the Strait of Hormuz. Brent crude, the international benchmark, rose 0.9 percent to 72.20 a barrel, and US crude climbed 1.3 percent, to 70.09 a barrel. On Friday, oil prices reached their lowest levels The post Oil futures rise on continued US-Iran hostilities appeared first on Egypt Independent.

Oil Prices Tumble Following US–Iran Agreement, Sanctions Relief

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

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.

While Oil Prices Have Fallen From Their Peak, Here's Why They Could Rise Again in the Future.

The agreement to end the Middle East conflict has pushed oil prices lower, but that could be a temporary reprieve.

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 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.

[Photo] 🇮🇷🇺🇸⚡️ — IRAN SHIPPED 60 MILLION BARRELS OF CRUDE SINCE BLOCKADE PAUSE➡️ Iran has exp [...]

— IRAN SHIPPED 60 MILLION BARRELS OF CRUDE SINCE BLOCKADE PAUSE Iran has exported 60 million barrels of crude oil since the US Navy blockade paused in mid-June 2026, TankerTrackers reports. Should the blockade resume amid escalating tensions, Iran would be left holding roughly 50 million barrels of crude oil and refined products.@IntelSlava

Global markets face selling pressure amid renewed geopolitical tensions

Escalating US-Iran tensions and risks around Strait of Hormuz drive oil prices higher, lifting bond yields and weighing on global equities

Gold futures rebound nearly 1% to ₹1.44 lakh/10g on value buying

Fresh US military strikes on Iran and retaliatory actions by Tehran pushed crude oil prices higher

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

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 []

Trump longgar sekatan, syarikat AS boleh beli semula minyak mentah Iran

WASHINGTON: Pentadbiran Presiden Donald Trump melonggarkan sementara beberapa sekatan terhadap minyak Iran, sekali gus menghentikan permusuhan yang menentukan hubungan Amerika Syarikat (AS)-Iran sejak krisis tebusan pada 1979. Buat pertama kali dalam hampir empat dekad, syarikat penapisan bahan api AS berpeluang membeli minyak mentah dari Iran selepas Jabatan Perbendaharaan mengeluarkan pengecualian sekatan terhadap minyak Iran di ... Read more The post Trump longgar sekatan, syarikat AS boleh beli semula minyak mentah Iran appeared first on Utusan Malaysia.

Iran's biggest weapon against the US may be slipping away, experts say

Iran's attacks on commercial shipping sent oil prices higher, but alternative routes and rising OPEC+ production may be weakening Iran's leverage.