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

Oil prices dropped as the Strait of Hormuz shipping flows recovered and OPEC+ indicated plans to increase global supply, pushing Brent below $72 and WTI near $68 per barrel.

Iran war disrupts oil supply, causing concerns for future price spikes. Crude oil reaching a new all-time high by September 30 at 2.5% YES.

Global oil prices climbed to $74 after tanker attacks near the Strait of Hormuz, renewing fears of supply disruptions. Learn how these incidents impact oil

Traders brace for potential export disruptions as tensions flare around Hormuz

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 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.

The price of Brent crude oil was up by as much as 3% on Wednesday morning to around 76 US dollars a barrel.