https://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuzContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuzhttps://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuz#u64787Fri, 11 Sep 2026 06:31:48 +0000Crude oil prices reached $100 per barrel after the US destroyed five Iranian oil tankers. This escalation follows attempted attacks by the Islamic Revolutionary Guard Corps (IRGC) against US Navy warships. President Donald Trump stated Iran has "very little country left right now" following these Central Command strikes. The price surge is pressuring US stocks and raising inflation concerns, which may complicate Federal Reserve interest-rate decisions. Meanwhile, the conflict expands as the IRGC targets American forces in Jordan and near the Strait of Hormuz.Why it mattersThe Strait https://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuzhttps://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuz#u62858Wed, 09 Sep 2026 15:41:57 +0000Global oil prices reached $100 per barrel on Monday, marking the first time the commodity has hit this threshold since July 23. The surge follows intensifying hostilities between the US and Iran, which have sparked fears of long-term supply disruptions. Brent crude has pushed past the $100 mark, contributing to a 5p per litre increase in UK petrol prices within a single week. Goldman Sachs maintains a projection that prices could climb to $120 if shipping disruptions in the Middle East worsen.Why it mattersThe Strait of Hormuz is a critical global transit point for oil. Escalating military str https://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuzhttps://www.live-feeds.com/feed/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuz#u61819Tue, 08 Sep 2026 20:35:47 +0000Crude oil prices are rising toward $100 per barrel as intensifying strikes between the US and Iran disrupt the Strait of Hormuz. Brent crude has reached approximately $97 to $98 per barrel, hitting near six-week highs. Market volatility has caused the Dow Jones to fall 641 points, though US energy stocks rose in premarket trading. Goldman Sachs warns that prices could reach $120 if ship attacks in the Middle East intensify. Iran has announced plans to establish a prohibited zone near the strategic waterway in the coming days.Why it mattersThe Strait of Hormuz is a critical chokepoint for globa