US-Iran Conflict Drives Oil Market Volatility: Strait Closure, Blockades, and Rising Refined Product Prices
The U.S.–Iran war that erupted on 28 February 2026 has sent global oil markets spiraling into continuous turbulence. A joint U.S...
News About OIL PRICES
18 articles tagged OIL PRICES.
Oil Prices Fall as Trump Announces Iran Talks; Yen Supported by US-Japan Intervention
Oil prices tumbled on Monday, August 3, after President Donald Trump announced that new negotiations with Iran would begin that af...
Shell Shares Rise Amid Middle East Tensions as Oil Prices Surge
When the world’s most critical oil chokepoint feels uneasy, investors turn to the biggest names in the industry. On 3 August 202...
Wood Mackenzie Forecasts $495 Billion Upstream Cash Windfall in 2026 Amid Middle East Conflict
When Brent crude hits $90 a barrel, the global upstream oil and gas sector could pocket a staggering $495 billion in free cash flo...
WTI Prices Rally Amid Escalating US-Iran Tensions and Supply Concerns
West Texas Intermediate (WTI) crude oil futures rebounded sharply on Wednesday, climbing nearly 4 % to the mid‑$81 range after a...
Brazilian Stock Market Slides Amid New US Tariffs and Middle East Tensions
The Ibovespa index fell 1.5 % to close at 174,042 on Friday, marking the first decline of the week as investors reacted to a fresh...
Oil Prices Surge to Six-Week Highs Amid Middle East Shipping Concerns
Oil prices climbed to their highest levels in nearly six weeks on Wednesday, driven by growing worries that U.S.–Iran hostilitie...
U.S. Oil Inventories Shrink as Middle East Tensions Rise, Brent Prices Surge
In a stark reminder that Middle‑East conflict still reverberates across global markets, U.S. crude inventories fell sharply in t...
Rand Weakens as Iran-US Escalation Drives Oil Prices Higher
The South African rand slid 0.5 % in Thursday’s afternoon session, a fall that mirrors the rising tensions between Iran and the ...
Dollar Strengthens Amid Renewed U.S.-Iran Hostilities, Oil Prices Surge
On July 13 2026, the U.S. dollar surged against most major currencies, a move analysts tied to a fresh flare‑up between U.S. and...
US-Iran Escalation Drives Oil Prices Up 5% as IRGC Strikes U.S. Bases; Gold and Bitcoin Decline
Oil prices surged 5% on a day when the United States and Iran stepped into a new phase of military confrontation, sending shockwav...
Middle-East Oil Prices Collapse as Irans Sanctions Relief Spurs Surplus Supply
Physical crude cargoes are now trading at steep discounts worldwide, a shift that is reshaping global oil flows. The change follow...
Eurozone Growth Slowed by Middle East Oil Shock, ECB Estimates 0.4-Point Drag in 2026
When the war erupted in the Middle East in late February 2026, Brent crude surged past $120 a barrel, sending ripples through Euro...
Macquarie Cuts 2026-27 Brent Forecasts as Gulf Oil Supply Recovers Faster
A sudden lull in Gulf tensions has sent a ripple through global oil markets, prompting Macquarie Group Limited to slash its Brent ...
US-Iran Agreement to End Middle East Conflict Sparks Oil Price Drop
On 15 June 2026, a quiet triumph echoed across the Gulf as the United States and Iran announced a ceasefire that could reshape oil...
US-Iran Framework Deal to Reopen Strait of Hormuz Sparks Oil Market Shift
On 14 June 2026, a quiet ceasefire agreement between Washington and Tehran sent shockwaves through oil markets, lowering prices as...
Oil Prices Drop as Iran-US-Israel Agreement Signals End to Hormuz Blockade
On Friday, global markets surged as news of a fresh Iran‑U.S.‑Israel agreement hinted at a return to normal shipping through t...
US-Iran Peace Deal Triggers Global Market Rally and Oil Price Drop
A sudden calm in the Gulf sent shockwaves through global markets on 15 June 2026, when the United States and Iran announced a tent...