Goldman Sachs: Iran Oil Blockade, Not Sanctions, Explains Muted Crude Prices
Oil prices barely moved when the US Treasury announced new Iran sanctions on August 20, 2026. Goldman Sachs says a...
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%
Iran claims full control of waters east of Strait of Hormuz as Oman deal odds slide
Iran's navy commander says Tehran now holds complete control over waters east of the Strait of Hormuz and the Gulf...
US Rig Count Falls to 588 as Oil Prices Climb
The U.S. rig count dropped to 588 this week, according to Baker Hughes, with oil and gas rigs both pulling...
Brent Crude Nears $100 as Hormuz Traffic Stalls and Trump Escalates Iran Pressure
Brent crude is closing in on $100 a barrel as Strait of Hormuz transits stay near a standstill and President...
Brent Crude Nears One-Month High as Middle East Uncertainty Persists
Brent crude holds near a one-month high on Friday, on track for a second straight weekly gain of almost 6%....
