https://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launchesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launcheshttps://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launches#u62585Wed, 09 Sep 2026 09:36:27 +0000Crude prices are approaching $100 per barrel as energy infrastructure attacks and naval clashes threaten global supplies. U.S. Central Command destroyed five Iranian crude oil tankers after ballistic missiles targeted a U.S. Navy warship. Meanwhile, Houthi strikes on Saudi Arabian energy facilities injured more than 70 people. The widening conflict also strains domestic Iranian stability, forcing Tehran to raise gasoline prices for heavy consumers for the second time since December. Tanker traffic through the region has dropped to its lowest level since May 2026.Why it mattersThe escalating ma https://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launcheshttps://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launches#u60562Mon, 07 Sep 2026 21:26:19 +0000Brent crude climbed toward $97 a barrel on Monday as U.S. and Iranian naval forces exchanged strikes near the Strait of Hormuz. West Texas Intermediate traded near $92 per barrel amid fears of supply shocks. Iran's Speaker warned of "faster, heavier, more painful" responses after U.S. forces disabled Iranian tankers. To tighten its grip on tanker traffic, a top Iranian official stated Tehran will establish an "exclusion zone" outside the strait. These escalations have driven tanker traffic to its lowest level since May 2026.Why it mattersThe Strait of Hormuz is a prima https://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launcheshttps://www.live-feeds.com/feed/oil-climbs-on-reports-of-iran-ballistic-missile-launches#u58921Sun, 06 Sep 2026 10:40:10 +0000Crude prices have climbed for a fourth consecutive day, with West Texas Intermediate pushing above $91 and diesel nearing a record high. The latest price surge follows a direct military escalation in the Strait of Hormuz, where U.S. naval forces struck three Iranian oil tankers in retaliation for ballistic missile attacks launched by the Islamic Revolutionary Guard Corps against American warships. Hedge funds have subsequently hiked their bullish oil bets to a May high, and equity markets in regions like Australia remain on edge as the protracted conflict between the United States and Iran con