Brent oil prices shift to backwardation amid US-Iran tensions. Crude oil reaches a new all-time high by December 31 at 14.5% YES.

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

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.

Brent crude jumps over 3% amid US-Iran tensions. WTI reaching $110 in July 2026 at 2.6% YES.