Oil prices jump after renewed Middle East escalation

The Commodities Feed: The battle of Hormuz lifts oil prices

Further escalation in the Persian Gulf has oil prices moving higher amid renewed concerns over flows through the Strait of Hormuz

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Oil slips after OPEC+ agrees to raise output targets

Oil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despite the planned increase, actual output may be capped due to ongoing geopolitical tensions. Gulf oil exports are reviving but still lag pre-conflict levels, while Russia's crude shipments surged due to refinery damage.

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 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.

ATHEX: Mini sell-off after fresh Gulf tension

The resumption of military action in the Persian Gulf had an immediate impact on markets, with oil rates jumping and bourse indexes slumping.

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.

Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk

Oil prices surged on Wednesday after U.S. and Iranian forces traded strikes in and around the Persian Gulf and the Trump administration revoked a waiver that allowed the sale of Iranian oil in retaliation for attacks on three tankers in the Strait of Hormuz, a crucial conduit for the world’s energy flows. U.S. Central Command []

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 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.

U.S. Revokes Waiver Allowing Sale of Iranian Oil

Oil prices jumped after the U.S. Treasury’s announcement, which followed attacks on commercial vessels near the Strait of Hormuz.

US launches fresh wave of strikes on Iran after Trump declares ceasefire over

Renewed hostilities over the strategic Strait of Hormuz waterway have led to another spike in oil prices

Australian shares wobble, oil lifts on Gulf escalation

Oil prices have started the week higher as conflict escalated in the Persian Gulf, prompting Iran to claim it has again closed the Hormuz Strait to traffic.

Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market

The global oil market may be entering a new phase where the primary price driver is not supply disruption, but the urgent need to rebuild depleted strategic and commercial inventories. Governments, refiners, and traders around the world face mounting pressure to replenish oil stocks that were drawn down during a period of sustained emergency releases [] The post Inventory Replenishment Could Fuel The Next Major CrudeOil Bull Market appeared first on Foreign Policy Journal.

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.

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

Oil Prices Jump After Trump Says Iran Ceasefire Deal Is Over

Oil prices jumped after President Donald Trump said the ceasefire deal with Iran was “over,” reviving fears that renewed attacks near the Strait of Hormuz could threaten global energy shipments.

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.

Oil Swings as Traders Take Fresh US, Iran Fighting in Stride

Oil fluctuated after surging by more than 5 on Wednesday, as traders assessed the outlook for Middle East supplies after fresh hostilities between the US and Iran.

Oil prices fall to pre-war levels as Strait of Hormuz traffic resumes

Oil prices have retreated to levels last seen before the start of the war in the Middle East as the crucial Strait of Hormuz reopens gradually and vessel traffic resumes following...

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.

Gold, silver may stay under pressure as US-Iran tensions, inflation data hold key: Analysts

Analysts said any further escalation in the conflict could drive crude oil prices higher, revive inflation concerns and strengthen safe-haven assets such as the US dollar and Treasury yields, limiting the upside for precious metals

Oil prices jump more than 6% after Trump says Iran deal is “over”

London, July 8 (SANA) Oil prices rose more than 6 on Wednesday, hitting their highest levels in two weeks after U.S. President Donald Trump said the deal with Iran to end the conflict was “over,” raising concerns over crude supplies from the Middle East. According to Reuters, Brent crude futures gained 6.16 to 78.73 a []

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

Saudi Arabia sent largest oil shipment in four months through Hormuz

This indicates an increase in Saudi Arabia's oil exports after the United States and Iran agreed in June to resume maritime transit through the Strait of Hormuz, Bloomberg said

News24 | Trump announces end of Iran ceasefire, oil jumps 5%

World oil prices soared more than 5 after US President Donald Trump said the ceasefire with Iran was over, following fresh strikes in the Middle East.

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.

China’s hydrogen push outstrips Japan’s in new fuel race

The oil price surge from the US-Iran crisis gives fresh impetus to efforts to boost domestic energy supply.

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.

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 []

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 and gas prices jump as Iran tensions flare again

Oil and gas prices jump as Iran tensions flare again