Brent crude falls below $70 amid Strait of Hormuz closure. New all-time high by September 30 at 4.5% YES, by December 31 at 10.5% YES.

Brent crude falls below $70 amid Strait of Hormuz closure. New all-time high by September 30 at 4.5% YES, by December 31 at 10.5% YES.

Brent oil jumps 3% amid US-Iran tensions. WTI reaching $110 by July 2026 at 1.7% YES.

Crude oil prices soared nearly 5% on July 13, with Brent nearing $80 per barrel, as escalating US-Iran strikes fueled market volatility and supply concerns.

Oil prices spike as Hormuz traffic slows amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 12.5% YES.