Oil hits four-week high as U.S. reimposes Iran blockade and eyes Hormuz fee
Oil climbed to a four-week high on Tuesday after the U.S. reimposed a naval blockade of Iran and renewed strikes...
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
live price
73.620
+1.35%
Brent’s futures curve flips into backwardation as U.S.-Iran tensions revive Hormuz supply fears
Brent's futures curve flipped back into backwardation on Tuesday as traders priced in fresh risks to Middle East supply and...
Oil Hits One-Month High as U.S.-Iran Hormuz Standoff Escalates
Oil prices hit a one-month high as the U.S. and Iran intensified their standoff over the Strait of Hormuz. West...
FTSE 100 recovers as soft U.S. inflation offsets Iran-driven oil jump
British stocks clawed back early losses on Tuesday after U.S. inflation cooled unexpectedly in June, though a fresh jump in...
Rabobank keeps Brent forecasts steady but flags refined-product price-spike risk
Rabobank holds its Brent crude forecasts steady at $80/bbl for Q3 2026 and $78/bbl for Q4, arguing crude supply stays...
