https://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iranContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iranhttps://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iran#u56525Fri, 04 Sep 2026 06:06:05 +0000Brent crude is nearing $96 as fighting between the US and Iran intensifies. The Iranian Army launched missiles and kamikaze drones on Thursday against US military bases in Kuwait and the UAE, specifically targeting satellite communications, equipment warehouses, and a fighter aircraft hangar at Ahmad al-Jaber Air Base. Iran claims these strikes are revenge for US attacks. While the Trump administration asserts the US Navy is securing oil flow through the Strait of Hormuz, commercial trackers disagree, and Kuwait reports intercepting Iranian missiles and drones.Why it mattersThe conflict follow https://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iranhttps://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iran#u55752Thu, 03 Sep 2026 13:40:06 +0000Oil prices eased Thursday following a three-day rally, though tensions remain high after U.S. strikes in Iran. President Donald Trump claimed the U.S. has "almost total control" of the Strait of Hormuz, even suggesting the waterway be renamed "Trump Strait." Despite these claims, shipping through the strait is depressed due to tanker attacks and fighting. The conflict has pushed bond yields higher and prompted Vladimir Putin to publicly support Tehran, while the Federal Reserve may now consider a rate hike instead of a cut.Why it mattersThe Strait of Hormuz is a critical wa https://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iranhttps://www.live-feeds.com/feed/oil-prices-climb-as-trump-threatens-new-strikes-on-iran#u54406Wed, 02 Sep 2026 05:05:29 +0000Oil prices have climbed above $90 per barrel as tensions between the US and Iran escalate. The US has struck Iranian rocket launchers, prompting threats of stronger retaliation from Trump. This development has deepened supply risks in the Hormuz Strait, a critical waterway for oil shipments. Asian shares are mixed, while Dow, S&P 500, and Nasdaq futures have fallen.Why it mattersThe renewed fighting between the US and Iran has raised concerns about potential disruptions to global oil supplies. The Hormuz Strait, which connects the Persian Gulf to the Gulf of Oman, is a vital passage for oi