Crude Oil Futures News - July 13, 2026
Oil Prices Surge 9% as US Naval Blockade on Iran Threatens to Choke the World's Most Critical Oil Chokepoint — How Long Can the Rally Last?
Crude oil futures exploded higher Monday, with WTI jumping 9.2% to $77.99 and Brent surging 9.59% to $83.30, after President Trump announced a full naval...
Oil Prices Spike, US Reinstates Iran Naval Blockade
Crude oil futures surged on Monday following President Donald Trump's announcement of a naval blockade on Iran. Brent crude settled up 9.59% at $83.30 a...
Eni Warns Oil Prices Risk Breaking $100, Citing Middle East Conflict
Eni CEO Claudio Descalzi warned on July 12, 2026, that oil prices could exceed the current $80-$100 range by early 2027. He told Il Sole 24 Ore that this risk...
🟢 Crude Oil is trading 4% up today on U.S.–Iran tensions and Strait of Hormuz disruptions
Crude Oil is trading 3.95% up at $74.23 as traders react to escalating U.S.–Iran tensions and renewed disruptions to tanker traffic through the Strait of...