U.S.-Iran Archives - Oil & Gas 360

U.S., Iran exchange airstrikes as Hormuz shipping disruptions deepen

July 9, 2026

(World Oil) – The United States and Iran exchanged a second round of military strikes Thursday, escalating tensions in the Persian Gulf and further disrupting commercial shipping through the Strait of Hormuz. U.S. Central Command (CENTCOM) said it struck about 90 Iranian targets overnight—following roughly 80 targets hit the previous day—to further degrade Tehran’s ability to threaten commercial vessels transiting

Brent & WTI top $100 with U.S.-Iran diplomacy at a standstill; CPI shows oil shock

May 14, 2026

(Investing) – Oil prices climbed on Tuesday, with both crude benchmarks topping $100 a barrel. The advance came amid an impasse between the U.S. and Iran, denting hopes for a swift end to the war. A key U.S. inflation report also showed an outsized impact of surging oil prices due to the Middle East conflict. At 15:50 ET (19:50 GMT), Brent crude

Oil erases losses as Iran reviews peace deal, pushes new rules for Hormuz control

May 7, 2026

(Investing) – Oil prices pared losses on Thursday, as traders awaited Iran’s response to a new peace proposal that would end its war with the U.S. Mixed messaging from Tehran, along with a new push to control the Strait of Hormuz, also kept investors on edge. At 12:52 ET (16:52 GMT), Brent crude futures expiring in July, the global oil benchmark, fell 0.4%

European natural gas prices drop amid hopes for U.S.-Iran peace deal

May 7, 2026

(Investing) – European natural gas prices retreated on Thursday, as investors kept tabs on ongoing efforts to forge a deal to end the Iran war. By 08:04 ET (12:04 GMT), the benchmark Dutch front-month contract at the TTF hub had edged down by 0.2% to 43.82 euros per megawatt hour, according to ICE data. The British front-month contract also fell by 0.4%

Oil prices slump on U.S.-Iran talks; OPEC+ holds production

February 2, 2026

(Investing) – Oil prices fell sharply Monday as geopolitical tensions between the U.S. and Iran eased, prompting traders to lock in profits after a recent jump in prices. At 08:20 ET (13:20 GMT), Brent oil futures for April tumbled 5.1% to $65.82 a barrel and U.S. West Texas Intermediate crude fell 5.2% to $61.76 per barrel. Oil prices rose to near six-month highs

U.S.-Iran

U.S., Iran exchange airstrikes as Hormuz shipping disruptions deepen

Brent & WTI top $100 with U.S.-Iran diplomacy at a standstill; CPI shows oil shock

Oil erases losses as Iran reviews peace deal, pushes new rules for Hormuz control

European natural gas prices drop amid hopes for U.S.-Iran peace deal

Oil prices slump on U.S.-Iran talks; OPEC+ holds production

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