Crude Oil Futures News - July 2026
Crude Oil Surges on Escalating U.S.-Iran Conflict
WTI crude oil prices rose sharply as the U.S. conducted a new round of military strikes against Iran for the eleventh consecutive night, intensifying fears of...
Crude Oil Surges on Escalating Middle East Tensions
WTI crude oil futures jumped to a two-month high amid growing fears of a wider conflict in the Middle East. The rally follows the 11th consecutive night of...
Oil prices hit one-month high, following ninth U.S. strike on Iran
Brent crude rose above $91 per barrel on Monday. West Texas Intermediate climbed over $84 per barrel. These prices represent the highest levels in over a...
Crude Oil Prices Fall on Hopes of US-Iran Ceasefire
WTI crude oil futures have dropped over 2% in the pre-market session as reports of a proposed 10-day ceasefire between the United States and Iran have eased...
IRGC Claims Tanker Explosions in Strait of Hormuz, Sending Oil Prices Surging
Iran's Islamic Revolutionary Guard Corps (IRGC) announced Saturday that two oil tankers exploded in a mined area south of the Strait of Hormuz. The IRGC also...
Oil Prices Surge, as US-Iran Conflict Disrupts Strait of Hormuz
WTI crude rose 1.3% on Friday to reach nearly $80 a barrel. Both Brent and WTI benchmarks are tracking weekly gains of approximately 12%. U.S. Central Command...
Crude Oil Surges on Escalating US-Iran Military Conflict
The primary driver for the sharp increase in WTI crude oil prices is the escalating military conflict between the United States and Iran. Reports of a sixth...
Crude Oil Jumps on Escalating US-Iran Tensions
WTI crude oil futures surged more than 2% in pre-market trading as escalating hostilities between the United States and Iran stoked fears of a significant...
Crude Oil Surges as U.S.-Iran Tensions Escalate
WTI crude oil prices have risen sharply due to a significant escalation in geopolitical tensions between the United States and Iran. Reports from the current...
Crude Oil Jumps as US-Iran Tensions Escalate Sharply
WTI crude oil prices surged to a four-week high due to a significant escalation in hostilities between the United States and Iran. The U.S. reinstated a naval...
Crude Oil Surges on Escalating U.S.-Iran Tensions
WTI crude oil prices have risen sharply due to escalating geopolitical tensions between the U.S. and Iran. The U.S. has reinstated a naval blockade on Iranian...
Crude Oil Surges as U.S.-Iran Conflict Escalates in Strait of Hormuz
WTI crude oil futures climbed significantly in pre-market trading, rising to a four-week high above $80 a barrel. The surge is attributed to a sharp escalation...
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...
🟢 Crude Oil is trading 3.6% up today on U.S.–Iran escalation and Hormuz shipping risks
Crude Oil is trading 3.6% up at $74.00 as markets react to renewed Middle East conflict and escalating risks to global shipping lanes. • Prices are being...
Iran pursues Hormuz shipping deal in Oman, as oil prices jump 5.5%
Iran’s Foreign Minister Abbas Araqchi arrived in Muscat, Oman, on Saturday for diplomatic negotiations. These talks aim to ensure safe passage through the...
Oil Prices Jump 6%, as U.S.-Iran Hostilities Slow Hormuz Tanker Traffic
Commercial shipping through the Strait of Hormuz slowed significantly following renewed military exchanges between the United States and Iran. Tanker traffic...
🟢 Crude Oil is trading 3% up today on supply fears following US military action and Iran tensions
Crude Oil is trading 3% up at $72.57 after renewed geopolitical tensions around Iran and the Strait of Hormuz drove supply concerns and fresh US military...
Gulf Oil Exports Top 10M Barrels, Following U.S.-Iran Peace Deal
Gulf oil exports rose by over 3 million barrels per day (bpd) in June. Total regional exports exceeded 10 million bpd during the month. A fragile U.S.-Iran...