
WTI Crude Hits $100 as U.S.-Iran Strikes Escalate
WTI crude surged to $100 a barrel, up 9% for the week, as U.S. airstrikes near the Strait of Hormuz triggered Iranian retaliation, rattling energy stocks, European equities, and the Fed's rate…
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WTI crude surged to $100 a barrel, up 9% for the week, as U.S. airstrikes near the Strait of Hormuz triggered Iranian retaliation, rattling energy stocks, European equities, and the Fed's rate…

Brent crude tracks toward $100 as the U.S.-Iran Strait of Hormuz deal collapses, leaving crude tanker flows near zero and 11 mb/d of Gulf output offline.

Iran's conditions for Hormuz reopening push a deal further away, leaving the S&P's record close and Brent's 7% weekly drop exposed to unpriced escalation risk.

Brent crude surged nearly 4% on Thursday when Iran's parliament floated a bill to ban U.S. and Israeli ships from the Strait of Hormuz, only to retreat as the week's 7% net decline reasserted itself.

Seven OPEC+ core producers approved a sixth consecutive 188,000 bpd production increase for September 2026 before signaling a freeze through year-end, completing the largest sustained quota…

A two-hour overnight fighter jet strike campaign hit 12-plus IRGC sites; Brent crude slipped in early Asian trade despite Iran's vow to punish the aggressor today.

Brent crude climbed above $94 and WTI topped $86 on July 22, 2026, as Houthi missile deployments near Bab el-Mandeb threatened to close a second critical energy chokepoint alongside the Strait of…

OPEC+'s fourth consecutive monthly quota increase adds 188,000 barrels per day, pulling Brent crude below $92 and signaling a gradual return to normalcy in the global energy market.

Brent crude jumped 4.6% to $88.10 on July 18, as U.S. airstrikes widened against Iranian infrastructure and Tehran retaliated by targeting Gulf state civilian facilities, sending global energy…

The United States military has struck more than 140 Iranian military targets across seven consecutive nights of operations, pushing Brent crude above $85 a barrel and shattering a June ceasefire…

The IMF's July 2026 update warns that eroded fiscal buffers, stalled disinflation, and stretched energy markets leave the world dangerously exposed as the US-Iran war reshapes the global economic…

Oil prices climbed sharply on July 17 as fresh US-Iran infrastructure strikes and collapsed peace negotiations reignited fears of a prolonged global energy supply risk with no diplomatic off-ramp…

China's crude oil imports plunged 41% year-on-year in June 2026 to their lowest level in nearly a decade, as refinery utilization hit decade lows and structural shifts in energy demand reshape the…

The US-Iran ceasefire has collapsed as Washington and Tehran trade Middle East missile strikes across Gulf states, driving Brent crude back toward $80.

Iran's IRGC closed the Strait of Hormuz on July 12 after tanker attacks and U.S. strikes, reversing Brent crude's recovery and deepening the worst oil supply crisis on record.

Iran targeted a U.S. satellite communications antenna in Qatar with drone strikes on July 9, intensifying the Middle East war after President Trump declared the April ceasefire "over" and U.S.…

Seven major OPEC+ producers approved a 188,000-bpd output increase for August, the alliance's fifth straight monthly hike, as Strait of Hormuz traffic rebounds and Brent crude retreats toward…

Seven OPEC+ core members ratify a fourth consecutive 188,000 bpd quota increase for July as Hormuz disruptions render the increase largely theoretical.

Iran's Hormuz closure removed 13.6 mb/d from global supply, sent Brent crude above $125, and pushed OECD inventories toward 20-year lows as peace talks stall in early July 2026.

Israel presses a planned Gaza City offensive while new Iranian warnings and unresolved Strait of Hormuz tensions keep regional security at its most volatile inflection point since February's…

Crude oil prices recover as Washington and Tehran pause fresh Gulf clashes, but the fragile ceasefire and Hormuz shipping risks keep energy markets on edge.

A fragile 60-day ceasefire between Washington and Tehran is being tested by nuclear inspection disputes and renewed Lebanese violence, keeping crude markets on edge as the Strait of Hormuz…

A fresh round of US military strikes targeted Iranian missile depots and radar installations after an IRGC drone attack on a cargo ship shattered a fragile 60-day truce, sending Brent crude above…

Brent crude remains roughly $20 above its year-start level as prolonged Strait of Hormuz disruptions and intermittent US-Iran diplomatic breakdowns sustain global market volatility and energy…

WTI crude dips below $70 for the first time since March as resuming tanker traffic through the Strait of Hormuz erases the price premium built during months of wartime supply disruption.

WTI crude fell below $70 for the first time since March as Hormuz tankers resumed transit on June 24, extending a 40% retreat from wartime highs amid easing U.S.–Iran tensions.

Oil prices retreat as Trump sets cease-fire red lines with Iran, pushing Brent crude down 20% from 2026 highs as energy market optimism over a pending peace deal holds.

The US and Iran have "mostly agreed" on a 60-day truce extension after 90 days of war, with Brent crude plunging nearly 19% in May while the Strait of Hormuz remains the central flashpoint in one…

The 2026 Strait of Hormuz crisis, now in its third month as of May 28, has delivered the largest disruption to global energy supply since the 1970s oil crises, with West Texas Intermediate and…

Brent crude fell to $94.77 a barrel on May 27, 2026 — down nearly 5% in a single session — as the US Navy quietly resumed guiding commercial tankers through the Strait of Hormuz, raising hopes of a su...