US, Iran and Brent
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Thesis: Hormuz traffic is effectively shut (near-zero crossings), keeping a real supply floor while the market is still not pricing a full demand collapse. Brent near $90 is the key battleground; with constrained Middle East exports,
As passage of oil through the Strait of Hormuz remains shrouded in uncertainty, the world's largest oil companies are stocking up their cash reserves, according to The Kobeissi Letter.
Bank of America’s latest Global Fund Manager Survey shows professional investors now expect brent crude (CO1:COM) to finish 2026 near $76 a barrel on a weighted-average basis.
Oil prices climbed on Tuesday as Brent crude moved above $90 a barrel amid uncertainty over the Middle East conflict. Iran signalled a tougher military stance, while the US ruled out extending the ceasefire.
The indices opened lower amid elevated crude prices, with Nifty nearing the crucial 24,200 support zone as FII selling remains a concern. | Business News
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has expanded his coverage to include investments, ethics ...
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US-Israel-Iran war live news: Brent crude oil crosses $90 as US-Iran war escalates, rupee faces pressure - Trump approval falls to 33%
India, Aug. 18 -- The US-Iran war is escalating continuously, keeping global markets on edge, with Brent crude climbing above $99 a barrel as hopes for a quick diplomatic breakthrough fade and concerns grow over disruptions around the Strait of Hormuz.
Crude oil futures saw a marginal rise of Rs 69 to Rs 8,132 per barrel on MCX, driven by positive global trends. Brent and WTI crude also increased.