Browsing Tag
West Texas Intermediate
22 posts
Oil markets face fresh volatility as US and Iran fighting threatens supply confidence
Brent crude is back above $100. United States and Iran tensions have turned Strait of Hormuz risk into the market’s key inflation threat.
Oil prices rebound as Middle East peace hopes collide with supply fears
Peace hopes hit oil’s risk premium, but falling United States inventories show why crude markets are not ready to relax yet.
Strait of Hormuz update: Donald Trump halts Project Freedom as Iran agreement moves closer
Donald Trump paused Project Freedom one day after launching it. The blockade stays, oil sits above $112, and the Iran agreement now hinges on Beijing.
Oil market whiplash: Brent crude retreats after U.S.-Iran escalation fears
Oil fell after a $126 spike, but U.S.-Iran war risk still hangs over supply, inflation, and the Strait of Hormuz.
Persimmon (LON: PSN) reports private forward sales up 7% to £1.8bn as Iran war cost inflation looms over H2 2026
Persimmon's private forward sales jumped 7% to £1.80bn, but the harder question is whether vertical integration can blunt the looming second-half cost shock.
Brent crude above $114 as Trump prepares for months-long Hormuz blockade
Trump signals a months-long Hormuz blockade while rejecting Iran's ceasefire offer. Brent above $114. The UAE has left OPEC. The supply crisis has no visible exit.
UAE quits OPEC after nearly six decades, dealing structural blow to oil cartel as Iran war reshapes Gulf energy landscape
The UAE is leaving OPEC during the worst Gulf energy crisis in decades. The real question is whether Saudi Arabia can hold the cartel together without it.
US gasoline prices surge 28% since Iran war began as Hormuz closure persists
US gasoline at $4.17 marks a four-year high. The harder question is whether the Iran war stalemate forces Washington or Tehran to blink first.
Iran seizes two ships, Brent hits $100: Ceasefire means nothing as IRGC fires on pre-cleared vessels and US sends more carriers
Iran seized two ships and attacked a third in the Strait of Hormuz on 22 April 2026, hours after Trump's ceasefire extension, as Brent crude hit $100 and Lufthansa cut 20,000 flights.
Ceasefire announced, strait still closed: Oil markets on edge ahead of US-Iran talks
Brent crude fell 12.7% and WTI 13.4% in the week ending April 10, oil's worst weekly loss since 2022, as the Strait of Hormuz remained closed before US-Iran talks.