World : Brent Crude Rallying To US$78 Per Barrel After US Strikes On Iran

IEA Warns US-Iran Escalation Threatens Global Oil Supply as Doha Talks Loom

The International Energy Agency warned Thursday that US strikes on Iran risk derailing oil market recovery, as Qatar braced to host talks after Khamenei's funeral. Brent crude fell to 76.37 as Hormuz transit slowed sharply under renewed military pressure.

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

Commodities: Oil Rises Amid Shaky Start To U.S.-Iran Ceasefire

JUST IN: 🇮🇷🇺🇸 Iran shipped 30,000,000 barrels of crude oil in the past week, before US lifted [...]

JUST IN: Iran shipped 30,000,000 barrels of crude oil in the past week, before US lifted sanctions.@BRICSNews

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

US crude oil falls below $70 a barrel despite Iranian attack on cargo ship

US crude oil dipped below 70 a barrel Friday as traders remained optimistic about tanker traffic flow through the Strait of Hormuz – even after an Iranian attack on a cargo ship paused a large-scale evacuation. West Texas Intermediate crude oil fell 3.4 to 69.46 a barrel, while Brent crude oil – the global benchmark []...Click to read more

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 jump more than 6% and stocks fall after Trump says ceasefire with Iran is 'over'

The price for a barrel of Brent crude oil, the international standard, rose to about 79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.

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.

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.

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 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 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.

The Commodities Feed: US-Iran ceasefire breakdown pushes oil higher

Fresh US strikes on Iran pushed oil higher this morning, with the latest escalation undermining confidence in the fragile ceasefire. Russia's ban on the export of diesel until the end of July adds to supply concerns

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

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

New Delhi [India], July 13 (ANI): Oil prices jumped on Monday as Iran attacked Gulf states in response to US strikes in Tehran. Consequently, Brent Crude stood at USD 79.17, reflecting a rise of USD 3.16, or 4.16 per cent, at the time of filing. At the same time, crude oil stood at USD 74.47, gaining USD 3.06 or 4.29 per cent. The price movement followed a wave of military actions that disrupted the critical Str

Why this energy shock is different

The Gulf ceasefire lasted barely three weeks. After Iranian attacks on three commercial ships in the Strait of Hormuz, the United States struck more than 80 targets, revoked Iran’s oil-sanctions waiver, and declared the memorandum of understanding “over.” Yet the market response was telling: Brent crude rose to around 79 per barrel—a meaningful jump, but []

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.

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...

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 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.

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

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 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.

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

Trump's Energy Win: Oil Under $80 Despite Iran Conflict

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.

OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East

Brent crude oil, the international benchmark, dropped after OPEC Plus announced it would modestly increase production. Oil prices were trading The post OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East appeared first on IER.

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.

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 weekend US and Iran attacks

Benchmark Brent crude rose 4 to 79 US dollars a barrel as America and Iran both claimed control over the vital Strait of Hormuz.

Oil price falls to pre-war levels as ships being moving through Strait of Hormuz

Brent crude was trading at around 72 a barrel on Thursday morning, the price it was at the day before the launch of attacks on Iran.

Open Strait, Unsettled Waters

Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below.***IranOn June 17, U.S. President Donald Trump and Iranian President Masoud Pezeshkian separately signed a memorandum of understanding. Mediated by Pakistan and Qatar, the agreement ends hostilities and provides early returns for both sides: Shipping through the Strait of Hormuz is ticking up, oil prices have been coming down, and Washington has issued a 60-day waiver on Iranian oil and petrochemical sales. But diverging claims on nearly every point the two sides spent weeks litigating The post Open Strait, Unsettled Waters appeared first on War on the Rocks.

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...