https://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-shipsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-shipshttps://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-ships#u63632Thu, 10 Sep 2026 06:50:32 +0000Crude oil prices surpassed $100 a barrel on Wednesday for the first time since July. The price spike follows intensified attacks by the United States and Iran on military targets and tankers near the Strait of Hormuz. Goldman Sachs warns that Brent crude could reach $120 if the conflict persists. This escalation threatens the stability of a critical energy corridor and follows the previous destruction of five Iranian tankers and strikes on Saudi infrastructure. Iran has responded to wartime economic pressures by raising gasoline prices for heavy consumers twice since December.Why it mattersThe https://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-shipshttps://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-ships#u62701Wed, 09 Sep 2026 11:30:40 +0000Crude prices have surged past $100 a barrel as maritime attacks by the United States and Iran threaten a weakened global supply chain. Brent touched $99 a barrel following the destruction of five Iranian oil tankers by the United States and subsequent strikes impacting Saudi infrastructure. The military escalation has driven international benchmarks to six-week highs. Meanwhile, regional economic fallout mounts inside Iran, where Tehran has increased gasoline prices for heavy consumers for the second time since December to counter wartime pressures.Why it mattersGlobal financial markets are ab https://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-shipshttps://www.live-feeds.com/feed/oil-extends-gains-after-us-and-iran-strike-ships#u60662Mon, 07 Sep 2026 23:23:08 +0000Oil prices are extending gains and approaching six-week highs following attacks on ships by the United States and Iran. Markets are reacting to an escalation in conflict and fears of supply disruptions. Hedge funds have increased bullish bets to a level not seen since May, while oil is on track for its steepest weekly gain since mid-July. Traders are monitoring the situation as the conflict flares and OPEC maintains steady output levels.Why it mattersThe Strait of Hormuz is a critical waterway for global energy shipments. Conflict in this region threatens the stability of oil supplies to inter