Oil Prices
Oil prices dipped on August 5, 2026, with WTI near $76 and Brent near $80 as potential U.S.-Iran negotiations over the Strait of Hormuz offset a highly mixed EIA inventory report and fresh tanker strikes.
Oil Prices Today
As of Saturday, July 18, 2026, the cleanest verified oil benchmarks are Friday's settlements: Brent at $88.10 and WTI at $82.49, with traders focused on Hormuz and Red Sea shipping risk.
Oil Prices Today
Brent and WTI stayed close to Wednesday's highs early Thursday as traders kept a geopolitical risk premium in crude despite mixed U.S. inventory data.
Oil Prices
Brent settled at $84.95 after briefly topping $86 as renewed fighting kept Strait of Hormuz supply risks elevated.
Oil Prices
Oil reached a one-month high as renewed conflict raised Strait of Hormuz supply risks. This sourced analysis examines shipping exposure, insurance pressure, U.S. shale hedges, and the implications for mineral and royalty owners.
Oil Prices
A renewed military standoff between the U.S. and Iran at the Strait of Hormuz has sparked volatility in energy markets. Here is what investors need to know about today's price spikes and the shifting economic landscape.
Oil Prices
Renewed military strikes in Bandar Abbas have sent oil markets into a tailspin, erasing recent gains from diplomatic rumors and pushing Brent crude back toward triple digits.
LNG
Qatar is utilizing 'dark' transits and Iranian-approved routes to deliver critical LNG to China and Pakistan, even as the Strait of Hormuz remains largely blocked to the West.
Crude Oil Prices
Crude oil prices have extended their decline for a third day as traders weigh 'encouraging signs' of a US-Iran ceasefire against the reality of a paralyzed Strait of Hormuz.
Gas Prices
With the Strait of Hormuz stalled and U.S. gasoline inventories falling for 14 straight weeks, a major price spike is looming just before the holiday travel season.
Iran War
Diplomatic efforts to resolve the 2026 Iran War have stalled as Washington and Tehran remain at a 'dead-end' over uranium transfer and reparations.
Oil Prices
The 'peace trade' is dead. As President Trump rejects Iran's latest proposal and the Strait of Hormuz remains blocked, oil prices are heading back toward $115/bbl.