Oil Prices

The Iranian foreign ministry has denied claims by US President Donald Trump that new negotiations were set to begin on Monday. Tehran stated it is negotiating with Oman regarding the security of shipping through the Strait of Hormuz.

Brent and WTI crude prices tumbled on Monday following a cessation of hostilities between the US and Iran. The move raises hopes for restored shipping flows through the Strait of Hormuz.

Crude benchmarks declined Friday following reports of diplomatic efforts to ease US-Iran tensions, though Middle East shipping risks continue to weigh on the market.

Iran has launched drone strikes against US military facilities in Bahrain and Jordan in retaliation for a continuous US bombing campaign. The conflict has expanded to include Houthi naval blockades and surging oil prices.

Brent crude hit its highest price since May as Red Sea attacks threaten global oil flows, triggering Wall Street declines and draining U.S. strategic reserves.

The U.S. warns of targeted strikes on Iranian infrastructure as tensions soar over commercial shipping attacks in the Strait of Hormuz, driving Brent Crude to $95.

Tensions escalate as the US targets Iranian military sites following the death of American soldiers, while Tehran strikes shipping and regional allies.

A week of US airstrikes against Iranian military and logistics hubs has triggered a spike in global energy prices and disrupted shipping in the Strait of Hormuz.

United States forces have intensified aerial campaigns and reimposed a naval blockade on Iranian ports following attacks on commercial vessels in the Strait of Hormuz.

Global oil prices surged and stock markets fluctuated after President Trump declared the ceasefire with Iran over following reciprocal military strikes.

President Trump announced the end of the US-Iran ceasefire after US forces struck over 80 Iranian targets in response to attacks on commercial vessels.

The U.S. warns of renewed military strikes against Iran following a volatile exchange of attacks in the Gulf. Oil prices surged as Trump threatens a naval blockade.

The U.S. has ended its interim truce with Iran following maritime attacks in the Persian Gulf and retaliatory strikes on IRGC targets.

The U.S. and Iran have traded military strikes in the Middle East, leading President Trump to terminate an interim ceasefire and causing oil prices to soar.