https://www.live-feeds.com/feed/oil-bulls-take-control-as-iran-deal-collapses-and-hormuz-stays-restrictedContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-bulls-take-control-as-iran-deal-collapses-and-hormuz-stays-restrictedhttps://www.live-feeds.com/feed/oil-bulls-take-control-as-iran-deal-collapses-and-hormuz-stays-restricted#u46810Sun, 23 Aug 2026 10:15:09 +0000Oil prices have jumped to a three-week high amid rising tensions between the US and Iran, with the collapse of the Iran deal and restricted shipping in the Strait of Hormuz. The US seeks to throttle Iran's economy, while Iran threatens Oman. Oil bulls have taken control, driving prices up.Why it mattersThe situation in the Middle East remains volatile, with the US-Iran conflict affecting oil supplies. The Strait of Hormuz, a critical waterway for oil shipments, is restricted. This instability has significant implications for global oil markets and the economy.What is confirmedOil prices h