Climb

Oil prices edged higher in early Asian trade on Monday following another weekend of escalation in the U.S.-Iran war.  At the time of writing, WTI was trading at $92.14 per barrel, up 0.72% on the session, while Brent had risen 0.63% to trade at $96.89. On Saturday, U.S. Central Command (Centcom) reported that it had struck three Iranian oil tankers

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By Josh Owens – Jul 21, 2026, 10:08 PM CDT Oil prices continued to climb in early Asian trade on Wednesday as the renewed hostilities between the United States and Iran showed no signs of slowing.  At the time of writing, Brent crude was trading at $92.44, up 1.57% on the session, while West Texas

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Oil prices rose on Monday after US President Donald Trump dismissed Iran’s conditions for ending the ongoing Middle East conflict, raising fears of prolonged tensions and possible disruptions to global oil supply routes. Trump described Iran’s response to his latest peace proposal as “totally unacceptable,” increasing concerns over continued instability around the Strait of Hormuz.

Oil prices rose sharply on Sunday as shipping through the Strait of Hormuz remained restricted as the US-Iran ceasefire approaches its expiration. Brent crude, the international benchmark, climbed about 7 per cent to $96.88, while US crude rose 7 percent to $90.33. The increase came after prices had fallen earlier in the week on hopes

Gasoline prices are displayed at a Sunoco station in Brooklyn, New York, on March 31. Shannon Stapleton/Reuters Oil prices pushed higher Sunday after President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz is not reopened. Brent crude, the global benchmark, rose 1.4 percent to $110.60. US crude rose 1.8 percent

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Oil prices climbed on Tuesday after renewed Iranian attacks on the United A rab Emirates raised fresh fears about global supply disruptions. Brent crude rose by 85 cents, or 0.9%, to $101.06 per barrel, while U.S. West Texas Intermediate gained 55 cents to trade at $94.07. The latest increase came as tensions in the Middle

Oil prices rose over $3 per barrel Sunday in the first major trading since President Trump’s threat to strike Iran’s main oil export hub unless the regime allows tankers through the Strait of Hormuz.Why it matters: The climb shortly after the markets’ opening signals that traders see no major near-term market loosening or end to