Oil Jumps to Two Week High on US-Iran Jitters | Closing Bell

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 []

Commodities: Oil Sells Off As U.S. Eases Sanctions On Iran

Commodities: Oil Sells Off As U.S. Eases Sanctions On Iran

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.

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 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.

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

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

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.

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.

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.

Global tech stocks fall as Asian memory chipmakers hammered

Oil jumps as US-Iran hostilities escalate and investors go into ‘risk-off’ mode

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 prices jump as Iran tensions flare again

Oil and gas prices jump as Iran tensions flare again

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.

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...

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.

United States OKs Iranian oil sales for 60 days

United States OKs Iranian oil sales for 60 days

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.

Strait of Hormuz: US lifts sanctions on Iranian oil

The United States has lifted sanctions on Iranian oil till August 21, 2026. The US Treasury Department announced this on Monday. The Department stressed that the temporary suspension is to enable Iran produce, sell and deliver crude oil and related products. “All transactions that were previously prohibited involving the production, sale, and transport of Iranian-origin crude oil [] Strait of Hormuz: US lifts sanctions on Iranian oil

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.

Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories

Oil entered early July trading caught in one of the strangest contradictions in commodity markets: global inventories are still being drawn down, U.S.-Iran skirmishes have not fully faded, and yet prices keep sliding. Crude has now fallen back to levels seen before the war broke out, with traders focusing more on weakening demand than on [] The post Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories appeared first on Egyptian Gazette.

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

Oil Prices Tumble Following US-Iran Agreement, Sanctions Relief

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

Shares slip in Asia as oil jumps on Gulf attacks

Oil is climbing as the US and Iran trade attacks in the Gulf, choking the Strait of Hormuz and rekindling inflation risks, while share markets slide in Asia.

Oil prices edge down amid hopes for U.S.-Iran talks progress

Oil prices edge down amid hopes for U.S.-Iran talks progress

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.

Hours to War or Peace

Oil is edging up, while bitcoin and stocks are steady hours before a ceasefire between US and Iran expires with it unclear diplomacy will prevail.