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08
Aug 2026
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European fuel prices rise again as new Hormuz Strait tensions push Brent above 90 dollars

US Central Command confirmed strikes on dozens of Iranian military targets today, including missile and drone facilities and Revolutionary Guard naval assets, as tanker attacks in the Hormuz Strait send oil prices climbing sharply again

War sends oil prices soaring: US maintains sustained strikes on Iran

Threats by the U.S. president against Tehran of a new attack - larger than the initial one - pushed crude oil prices above $100 per barrel

Oil prices retreat, falling below $88 a barrel

According to Reuters, although oil prices initially surged to their highest levels in the past month, they later reversed course as traders took profits while assessing the latest developments in the Middle East

Oil prices soar as US bombs Strait of Hormuz sites and Iran strikes US bases and ships

Ongoing US strikes against Bandar Abbas, Sirik, Jask and Bushehr, triggering Iranian missile attacks on US bases in Bahrain and Jordan and a fatal strike in Khuzestan

Trump’s Iran rupture rattles markets as stocks slide, oil jumps more than 5.5% and bond yields surge

Renewed Middle East tensions, US strikes on Iran and Trump’s trade threat against Spain trigger a sharp sell-off across global markets

Ceasefire pushes oil prices below $95, with Brent moving toward $90

The US–Iran de-escalation and the reopening of the Strait of Hormuz sharply drive prices down, reducing fears of a new energy crisis

Trump is considering asking Gulf countries to pay the cost of the war with Iran – Israeli strikes on Hezbollah buildings in Lebanon, sirens in Tel Aviv (Update)

Live updates: Israeli troops advance in Lebanon as oil prices surge and tensions between the U.S. and Iran escalate

Oil: Brent holds $100 as Iran conflict enters third week

Energy markets remain tense, with oil holding above $100 as the conflict between the US, Israel and Iran escalates and navigation in the Strait of Hormuz remains restricted

Oil markets remain nervous, Brent above $90 again

The oil market remains highly volatile, with prices affected by the conflict in the Middle East and discussions about a possible release of strategic reserves

South Korea imposes a fuel price cap for the first time in 30 years due to the surge in oil prices

The rise in oil prices, due to the crisis in the Middle East, is pushing South Korea to take emergency measures

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