Oil Prices Rise Amid Iranian Conditions for Reopening Strait of Hormuz
Brent crude prices increase as Tehran demands major US concessions before reopening the strategic waterway.
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Brent crude prices increase as Tehran demands major US concessions before reopening the strategic waterway.
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world
Iran and Oman are close to finalizing a deal on a new shipping route through the Strait of Hormuz, though Iran insists on conditions including compensation for alleged US violations. The United Arab Emirates has condemned an attack on an oil carrier in the strait, escalating regional tensions.
ABC Australia News | Aug 8, 2026, 7:50 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi says reopening the Strait of Hormuz depends on US conditions, while the UAE reports another missile attack on its oil carrier in the strategic waterway.
CNA Latest News | Aug 8, 2026, 2:41 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi says reopening the Strait of Hormuz depends on US compensation, while the UAE reports another missile attack on its oil carrier in the strategic waterway.
CNA Latest News | Aug 8, 2026, 2:10 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi says agreement with Oman on a new shipping route is close, but reopening the Strait of Hormuz depends on additional conditions including US compensation.
CNA Latest News | Aug 8, 2026, 1:55 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi says a new shipping route agreement with Oman is close, but reopening the Strait of Hormuz depends on additional conditions including US compensation.
CNA Latest News | Aug 8, 2026, 1:40 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi says agreement with Oman on a new shipping route is close, but reopening the Strait of Hormuz depends on additional conditions including US compensation.
CNA Latest News | Aug 8, 2026, 1:26 PM 1 source Single-source reportworld
Iranian Foreign Minister Abbas Araqchi said Iran and Oman are close to agreeing on a new shipping route through the Strait of Hormuz, but reopening the waterway depends on additional conditions including US compensation to Iran.
CNA Latest News | Aug 8, 2026, 1:11 PM 1 source Single-source report
world
European and U.S. stock markets gained on August 4, 2026, despite ongoing tensions between the U.S. and Iran, while oil prices recovered and the yen softened slightly after recent interventions.
CNA Latest News | Aug 4, 2026, 8:32 AM 1 source Single-source report
world
Low-income US households spend over 10% of their monthly income on petrol amid rising prices, while major oil companies report record profits.
Al Jazeera | Aug 4, 2026, 12:49 AM 1 source Single-source report
world
On August 3, 2026, oil prices fell sharply and major U.S. stock indexes gained as hopes for a diplomatic resolution between the U.S. and Iran emerged, while coordinated intervention by the U.S. and Japan strengthened the yen.
CNA Latest News | Aug 3, 2026, 5:51 PM 1 source Single-source report
general
Chevron CEO Mike Wirth highlights escalating risks to oil supply routes including the Strait of Hormuz, Red Sea, and Black Sea as geopolitical tensions rise.
Fox News Latest | Aug 2, 2026, 5:46 PM 1 source Single-source report
world
Drivers warn that ending the subsidy could increase monthly operating costs by up to 33%, as ongoing Middle East conflict keeps oil prices high.
South China Morning Post World | Jul 30, 2026, 6:54 AM 1 source Single-source report
politics
Brent crude prices climbed to $91 per barrel following missile attacks by Iran on a US base in Jordan, prompting a strong response from President Trump.
The Hill | Jul 29, 2026, 11:33 PM 1 source Single-source report
general
Global oil prices jumped nearly 8% amid geopolitical tensions, while U.S. stock markets experienced significant declines following an Iranian missile attack and President Trump's vow of reprisal.
ABC Top Stories | Jul 29, 2026, 9:15 PM 1 source Single-source report
us
After nearly five months of conflict, the US halts bombing campaign on Iran as Pentagon reports increased troop casualties and diplomatic talks continue.
Guardian US | Jul 27, 2026, 11:56 AM 1 source Single-source report
world
Brent crude and West Texas Intermediate prices dropped sharply as hopes rise for a diplomatic resolution to recent conflicts affecting key shipping routes.
CNA Latest News | Jul 27, 2026, 8:56 AM 1 source Single-source report
business
The Bank of Japan is under increasing pressure to act on inflation as the yen weakens and oil prices surpass $100 per barrel, driven in part by escalating US-Iran tensions.
Nikkei Asia | Jul 27, 2026, 12:52 AM 1 source Single-source report
world
Yemen’s Houthis attack Saudi Arabian oil tankers in the Red Sea, escalating tensions and pushing Brent crude prices above $100 for the first time since May.
Al Jazeera | Jul 23, 2026, 7:21 PM 1 source Single-source report
world
Renewed US attacks on Iran have closed the Strait of Hormuz, pushing oil prices higher. With US reserves depleted, China declines to deploy its strategic petroleum reserves to stabilize the market.
South China Morning Post World | Jul 21, 2026, 12:43 AM 1 source Single-source reportworld
The United States conducted a seven-hour military operation targeting Iranian sites near the Strait of Hormuz amid renewed naval blockades and rising oil prices, while Iran claimed retaliatory strikes on US facilities.
Al Jazeera | Jul 15, 2026, 8:09 AM 1 source Single-source reportgeneral
As U.S. forces strike Iranian targets near the Strait of Hormuz, diplomatic and strategic challenges persist with no easy solutions.
Fox News Latest | Jul 13, 2026, 1:24 PM 1 source Single-source reportgeneral
As U.S. forces strike Iranian targets near the Strait of Hormuz, the path to resolving nuclear issues and stabilizing oil prices remains uncertain.
Fox News Latest | Jul 13, 2026, 1:11 PM 1 source Single-source reportworld
Brent crude oil prices rise sharply as Washington and Tehran exchange attacks over control of the strategic Strait of Hormuz.
Al Jazeera | Jul 13, 2026, 2:34 AM 2 sources Source mix awaiting review CompareShowing 1-24 of 644 articles.