Global oil prices surge by 4 per cent following fresh Iranian strikes across Gulf region

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.

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Commodities: Oil Bounces On Persian Gulf Re-Escalation

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 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.

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.

Things are getting worse in the Strait of Hormuz — again

New attacks, the largest number of such incidents since a U.S.-Iran interim deal took effect, pushed oil prices up more than 3

Oil Prices Tumble Following US-Iran Agreement, Sanctions Relief

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

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

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

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 prices surge on US-Iran attacks

World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging. The post Oil prices surge on US-Iran attacks appeared first on Vanguard News.

Oil climbs following renewed US, Iran strikes in Middle East

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices decline after OPEC+ agrees to increase output

London, July 6 (SANA) Oil prices fell in global trading on Monday after OPEC+ agreed to a further increase in production targets starting in August, while exports through the Strait of Hormuz continued to recover, paving the way for increased supplies to the global market. Reuters reported that Brent crude futures fell 24 cents, or []

Oil and gas prices jump as Iran tensions flare again

Oil and gas prices jump as Iran tensions flare again

Oil prices jump 5 percent after US revokes Iran oil sanctions waiver

Oil prices on Tuesday jumped over 5 percent after the U.S. revoked its waiver on Iranian oil sanctions following strikes on three commercial vessels near the Strait of Hormuz. International Brent crude oil jumped nearly 5.5 percent to more than 75 per barrel as of Tuesday evening. A U.S. official previously told The Hill that the memorandum of []...Click to read more

Oil rises, Asian stocks mixed as US, Iran call end to latest attacks

Oil rises, Asian stocks mixed as US, Iran call end to latest attacks

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

OPEC+ raises output as oil market enters new geopolitical era

The shifting tides of the global energy market have once again thrust OPEC+ into the spotlight, laying bare the delicate and often volatile intersection of geopolitics and oil economics. The group’s recent decision to boost oil production targets for August by 188,000 barrels per day is on the surface a standard regulatory tweak meant to stabilize a fluctuating market.

Iran strikes drive oil price gains

{beacon} Energy Environment Energy Environment The Big Story Iran strikes drive oil price gains The end of the U.S.-Iran ceasefire is driving oil prices higher and creating uncertainty for future energy prices. © Filip Singer, Pool Photo via Associated Press On Tuesday, the U.S. said it was striking Iran in retaliation for attacks on...

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.

After launching strikes on Iran, Trump says ceasefire is 'over' but says negotiations can continue

The U.S. has launched strikes on Iran and revoked a license authorizing the sale of Iranian oil in retaliation for what it said were Tehran’s attacks on ships in the Strait of Hormuz. Iran hit back with strikes on Bahrain and Kuwait. U.S. President Donald Trump said later that the interim agreeme...

Oil surges as US strikes targets in Iran following ship attacks, threatens new wave of energy market turmoil

Oil prices jumped as the US launched a wave of strikes against Iran in retaliation for a spate of attacks on shipping in the Strait of Hormuz.

JUST IN: 🇺🇸🇮🇷 US blocks sale of Iranian oil again after Iran struck tankers in the Strait of H [...]

JUST IN: US blocks sale of Iranian oil again after Iran struck tankers in the Strait of Hormuz.US says Iran will only reap benefits if they exhibit good behavior.@BRICSNews

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil prices surge as US and Iran return to hostilities

Oil prices surged after the US banned Iranian exports and renewed strikes following reports of attacks on tankers in the Strait of Hormuz Read Full Article at RT.com

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.

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