Brent crude oil prices rose 1.2% to near $88 a barrel on Friday, posting a nearly 24% gain in July, its strongest monthly increase since March, driven by escalating geopolitical tensions and growing concerns over global oil supplies.Iran claimed it attacked two tankers transiting the Strait of Horm…
Brent traded near $89 per barrel on Friday and was on track to post a monthly gain of almost 25% as renewed fighting between the US and Iran threatened further disruptions to Middle Eastern energy supplies.The US military launched fresh strikes on Iranian targets in response to Tehran’s attacks on…
Brent slipped below $90 per barrel on Thursday, paring gains from the previous session even after the US carried out a fresh wave of air strikes against Iran in response to attacks on American forces across the Middle East, raising concerns over further disruptions to global energy supplies.The two…
Brent held above $90 per barrel on Thursday after rallying more than 8% in the previous session, underpinned by renewed fighting between the US and Iran that threatened further disruptions to global energy supplies.President Donald Trump pledged a strong response after an attack on US forces in Jor…
Brent Crude Oil decreased 5.14% to 83.818 USD/Bbl
Brent crude oil fell to around $86 per barrel on Tuesday, touching its lowest level in more than a week, as renewed diplomatic efforts over the Strait of Hormuz improved the outlook for Middle East oil supplies.Iran’s Foreign Minister Abbas Araghchi held separate talks with his Saudi and Omani coun…
Brent fell to around $88 per barrel on Tuesday, marking a third consecutive session of losses after President Donald Trump said the US was engaged in "good talks" with Iran aimed at ending the Middle East conflict, fueling optimism that normal oil flows from the region could resume.Trump reportedly…
Brent extended losses and fell toward $88 per barrel on Monday, its lowest level in more than a week, as optimism grew that the conflict in the Middle East could soon ease.President Trump said the US was holding "good talks" with Iran and that there was a chance of reaching a deal, but warned that…
Brent crude fell sharply to as low as $87.6 per barrel on Monday before trimming some losses to trade around $90.8, as signs of easing geopolitical tensions reduced concerns over supply disruptions.The US paused its attacks against Iran, while Tehran said it had halted its retaliatory military stri…
Brent fell as much as 7% to below $90 per barrel on Monday before trimming some losses, after the US suspended strikes against Iran for a second consecutive night, easing concerns over supply disruptions in the Middle East following weeks of heightened conflict.The pause began late Friday without a…
Brent crude oil fell more than 5% to around $95 per barrel on Friday after reports that Pakistan, with support from China, was seeking to revive negotiations between the US and Iran, raising hopes for a diplomatic path to ease tensions.According to reports, Chinese officials are increasingly concer…
Brent crude oil jumped above $95 per barrel on Thursday, the highest in six weeks, after Iran-backed Houthi militants attacked two Saudi oil tankers in the Red Sea, raising fears of broader supply disruptions across key shipping routes.The group said the vessels were struck with missiles and drones…
Brent strengthened above $91 per barrel on Wednesday, hovering near six-week highs as supply risks intensified across several major export routes even beyond the Middle East. President Donald Trump dismissed the likelihood of imminent talks with Iran while warning of additional strikes and pledging…
Brent climbed more than 2% to around $91.2 per barrel, the highest since June 10, extending gains for a third straight session as supply concerns intensified across several key export routes.Markets continued to monitor the conflict between the US and Iran after Washington carried out a 10th consec…
Brent crude slipped toward $88 per barrel on Tuesday, easing slightly from five-week highs as hopes grew that peace negotiations between the US and Iran could resume after several days of escalating attacks.Mediators worked on Monday to encourage both sides to agree to a new ceasefire, while report…
Brent rose to a five-week high of around $89 per barrel on Monday after a volatile session in which prices swung between gains and losses.The rally gathered pace after US President Trump warned that Iran would be held responsible for the deaths of three US service members, while Yemen's Houthi mili…
Brent crude oil steadied around $88 per barrel on Monday, hovering at a five-week high, after swinging sharply between gains and losses as traders weighed escalating Middle East tensions against renewed diplomatic efforts.Yemen's Iran-backed Houthi rebels announced a ban on maritime traffic from Sa…
Brent crude pared earlier gains to trade around $88 per barrel on Monday after briefly topping $91, as signs of renewed diplomatic efforts between the US and Iran eased some supply concerns.Iran's Foreign Ministry said it had received proposals from international mediators aimed at reducing tension…
Brent climbed above $90 per barrel on Monday, extending last week's gains as escalating hostilities between the US and Iran raised fears of further disruptions to oil flows from the Middle East. Iran declared that its ceasefire with the US had effectively collapsed and said over the weekend that it…
Brent extended its gains to above $86 per barrel on Friday, reaching its highest level in a month, after Kuwait said Iran had attacked a power and water desalination plant.Meanwhile, reports indicated that Iran launched strikes against US targets in Bahrain, Jordan, Kuwait, Oman, Qatar and Syria in…
