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Jul 2026
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Oil prices surge following new U.S. strikes against Iran, with Brent crude exceeding $76

The latest exchange of strikes threatens to undermine the fragile ceasefire, while prices are also being supported by the U.S. Treasury's decision to revoke the waiver that had allowed Iran to sell oil

Oil prices plunge 10% for the week as Hormuz traffic resumes; Brent settles at $71.99

Higher tanker traffic through the Strait of Hormuz and easing supply concerns drove oil to its steepest weekly decline in months. Brent fell 4.34% on Friday, while WTI slipped below $70

Oil and gold surge after US strikes on Iran, brent above $100

The spot price of gold stood near $4,720 per ounce, recording a weekly increase of 2.3%

Oil prices jumped up to 5% after Iran’s claims of a strike on a US warship

Brent rally eases after U.S. officials deny incident near Strait of Hormuz

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