Oil Markets

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Brent Surges Past $91/Barrel as US-Iran Strikes Reignite Hormuz Oil Supply Fears

Brent crude surged past $91/barrel on Monday after US strikes on an Iranian island in the Strait of Hormuz reignited supply disruption fears

Aug 31, 2026

Oil Markets

US-Iran Clashes Drive Oil Higher and Revive Rate Hike Bets in Global Markets

Escalating US-Iran military clashes sent crude oil sharply higher on July 14 while reviving rate hike bets, as energy supply disruptions across the Persian Gulf reintroduced inflation risk into global markets.

Jul 14, 2026