Oil prices jumped more than 2% on Monday following new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, compounded by the closure of a key Saudi oil pipeline that threatens up to 4% of global oil supply. Brent crude futures rose $2.90 to $107.51 per barrel and WTI futures rose $2.27 to $102.32 per barrel.
14 September 2026 · Joy Online →
Oil prices jumped more than 2% on Monday following new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, compounded by the closure of a key Saudi oil pipeline that threatens up to 4% of global oil supply. Brent crude futures rose $2.90 to $107.51 per barrel and WTI futures rose $2.27 to $102.32 per barrel.
14 September 2026 · Joy Online →
Oil prices have jumped to $105 a barrel as US-Iran conflict intensifies and the Strait of Hormuz faces effective closure, while US and UK long-term borrowing costs have surged to their highest level in decades. Analysts warn that rising energy and borrowing costs are placing pressure on financial markets and the global economy.
10 September 2026 · Joy Online →
Gold rose for a third straight session as fears of a U.S. interest rate hike eased following soft economic data, while investors await the Federal Reserve's meeting minutes. Spot gold was up 0.2% at $4,424.28 per ounce, with most economists expecting the Fed to keep rates unchanged through year-end.
18 August 2026 · Joy Online →
Oil prices extended declines as the U.S. suspended air strikes against Iran and both sides signalled openness to negotiations, with Brent crude down 1.66% to $86.89 per barrel — its lowest since July 20. The potential resolution eased concerns around regional conflict disrupting global energy flows.
28 July 2026 · Joy Online →
Oil prices jumped over 4% on Monday as U.S. and Iranian military strikes escalated, threatening energy shipments via the Strait of Hormuz. Brent crude climbed to $79.11 per barrel while U.S. West Texas Intermediate rose to $74.36, with only six vessels transiting the strait on Sunday—the lowest in five weeks.
13 July 2026 · Joy Online →
Oil prices declined on Monday following the conclusion of US-Iran talks in Switzerland, where Tehran said it had secured waivers for oil and petrochemical exports. Brent crude fell 1.90% to $79.04 a barrel, while West Texas Intermediate crude futures dropped to $76.53 a barrel.
22 June 2026 · Joy Online →
Oil prices rebounded on Tuesday amid concerns about the lack of details in a preliminary agreement to end the US-Iran war and uncertainty about how quickly the blocked Strait of Hormuz would reopen. Brent crude gained 0.3% to $83.42 a barrel and US West Texas Intermediate rose 0.3% to $81.12 a barrel.
16 June 2026 · Joy Online →
Brent crude fell $1.83 (2%) to $88.55 a barrel and U.S. West Texas Intermediate dropped $1.60 (1.8%) to $86.11 after U.S. President Donald Trump called off planned strikes on Iran on Thursday, citing progress in discussions that could lead to a peace deal reopening the Strait of Hormuz to shipping as soon as this weekend.
12 June 2026 · Joy Online →
Brent crude and U.S. West Texas Intermediate prices rose slightly after Iran and Israel halted attacks following an appeal from U.S. President Donald Trump, though investors remain uncertain whether the truce will hold given lingering geopolitical tensions and the possibility of resumed strikes.
9 June 2026 · Joy Online →
Oil prices remained mostly steady on Tuesday as conflicting reports about US-Iran negotiations created market volatility, with Brent crude at $95.04 and West Texas Intermediate at $91.99 per barrel. President Trump said talks were ongoing and expected a ceasefire extension and Strait of Hormuz reopening within a week, while Tehran's news agency reported suspended negotiations.
2 June 2026 · Joy Online →
Oil prices eased more than 1% on Tuesday after the U.S. Navy launched an operation to loosen Iran's closure of the Strait of Hormuz, with a U.S.-flagged vessel successfully exiting the Gulf with military escort. Brent crude fell to $113.22 per barrel and WTI crude to $104.40, though analysts cautioned the escorted passage remains a limited event rather than full reopening.
5 May 2026 · Joy Online →
Brent oil prices rose as much as 7% on Thursday following reports that the U.S. is considering potential military action against Iran to break a deadlock in nuclear negotiations, raising concerns about further disruptions to Middle East energy exports. The June Brent contract rose $6.81 to $124.84 a barrel, with both Brent and WTI benchmarks on track for their fourth consecutive month of gains.
30 April 2026 · Joy Online →