Brent oil nears $80 as tensions in the Strait of Hormuz rise. WTI reaching $110 in July 2026 at 2.1% 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.

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

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.

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

Brent crude oil prices surged toward $79 after Trump ended the Iran ceasefire. New all-time high by December 31 at 10.5% YES.

Iran asserts control over the Strait of Hormuz, raising oil prices. WTI reaching $110 in July 2026 at 1.9% YES.

Brent oil nears $80 as tensions in the Strait of Hormuz rise. WTI reaching $110 in July 2026 at 2.1% YES.

Oil prices surge as Brent nears $80 amid US-Iran tensions. WTI reaching $110 by July 2026 at 2.2% YES.

Brent crude rises above $80 amid Strait of Hormuz tensions and Iran waiver revocation. WTI reaching $110 in July 2026 at 2.2% YES.

Oil prices surge as the Strait of Hormuz faces conflict conditions. Crude oil to reach a new all-time high by September 30 at 6.7% YES.