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Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
Oil prices surged on Monday as the unfolding conflict in the Middle East intensified. As markets monitor potential supply disruptions Energy Aspects' Amrita Sen expects prices to hold at $80 a barrel.
Oil Prices Jump as U.S.-Iran Conflict Stokes Supply Fears
Crude prices surged after massive U.S.-Israel attacks against Iran raised fears of a wider regional war and prolonged disruption to energy flows through the Strait of Hormuz.
Natural Gas and Oil Forecast: Strait of Hormuz Risk—Is a $100 Oil Spike Possible?
Strait of Hormuz tensions put 20% of global oil at risk as Brent eyes $80. Discover how geopolitical friction and OPEC+ hikes are reshaping the energy forecast.
Oil prices surge after strikes kill Iran's supreme leader, tankers hit near Strait of Hormuz
Oil prices surged late Sunday with Brent crude briefly hitting $82.37, amid growing fears of Middle East supply disruptions as the Iran conflict escalates.
Oil prices expected to stay high for days, all eyes on Strait of Hormuz flows
Analysts expect oil prices to remain elevated over the coming days with conflict escalating in the Middle East, as they assess the impact to supplies, especially flows through the Strait of Hormuz, a conduit for more than 20% of global oil.
Oil Jumps as Middle East Conflict Heightens Supply Disruption Concerns
Oil jumped in the early morning Asian session as military strikes by the U.S. and Israel against Iran heighten supply disruption concerns.
Here's where traders expect crude-oil prices to open after this weekend's attack on Iran
Crude-oil markets won't officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.
U.S. crude oil set to top $70 a barrel when trading begins on fears of Iran supply disruption
Tanker traffic through the Strait of Hormuz has effectively come to a stop as shipping companies take precautionary measures, analysts said. About a third of the world's seaborne oil exports passed through the Strait in 2025.
Investors Brace for Oil Futures to Spike, Stocks to React
Markets were expected to react to the outbreak of conflict in Iran this weekend.
What the Iran Attacks Mean for Oil, Gold Prices
Bloomberg Intelligence's Mike McGlone explains what the US and Israeli strikes on Iran mean for oil and commodities prices. He speaks on "Bloomberg This Weekend.
As investors wait for crude-oil trading to reopen amid Iran conflict, shares of the world's biggest producer are climbing
Oil futures will begin trading later on Sunday. Saudi Aramco shares were climbing as trading resumed in Saudi Arabia, possibly hinting that crude is headed for a surge.
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Analysts warn that a prolonged Strait of Hormuz disruption could push oil prices into triple digits. Markets are likely to price in an immediate-risk premium, analysts say.
