US strikes on Iran push oil prices higher, with crude oil reaching a new all-time high by September at 4.5% YES and by December at 10.5% YES.

US strikes on Iran push oil prices higher, with crude oil reaching a new all-time high by September at 4.5% YES and by December at 10.5% YES.

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a barrel. Both benchmarks had already…

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Oil prices rise due to Iran tensions and Strait of Hormuz delays. WTI reaching $110 in July 2026 at 1% YES.

Global oil prices spiked over 5% after US military strikes on Iran, intensifying West Asia tensions and threatening the security of the vital Strait of Hormuz shipping route.

Renewed U.S.-Iran military strikes and attacks on commercial shipping near the Strait of Hormuz have lifted oil prices and reminded markets that geopolitical risks remain a major…

“The current conflagration is a reminder to the market of how fragile passage through the Strait still is,” analyst says.