> oil
> oil
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%
Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall
Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon
Ceasefire on the brink of collapse: The US strikes Iranian speedboats in Hormuz, Iran hits oil facilities in the UAE
Escort operation for ships amid attacks and rising tensions – Fears of an energy shock and escalation in the Gulf
Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices
The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022
Oil: What the UAE–OPEC “divorce” means for energy markets
The Reuters report gathers early reactions from analysts following the United Arab Emirates’ decision to leave OPEC and OPEC+, highlighting what it could mean for the future of the organization and global energy markets — including implications for the United States
