Oil Near 2-Week High as Hormuz Closure Keeps Supply Risks Elevated
Oil prices approach a two-week high as the Hormuz closure and Houthi attacks threaten crude supplies, pushing Brent toward $90 and WTI…
By Arslan Ali Butt · Aug 12, 2026 · 3 min read
Oil prices approach a two-week high as the Hormuz closure and Houthi attacks threaten crude supplies, pushing Brent toward $90 and WTI…
By Arslan Ali Butt · Aug 12, 2026 · 3 min read
Oil hits a one-week high above $89 a barrel as Trump's demand for Iranian compensation dims hopes for reopening the Strait of…
By Arslan Ali Butt · Aug 11, 2026 · 4 min read
Oil prices ease after early gains as Hormuz reopening talks stall and a Houthi drone strike hits a Saudi refinery processing 400,000…
By Arslan Ali Butt · Aug 10, 2026 · 3 min read
Oil jumps in Asian trading as Iran moves to bar U.S. and Israeli vessels from Hormuz, even as both benchmarks head for…
By Arslan Ali Butt · Aug 7, 2026 · 3 min read
Gold prices traded above $4,060 as investors awaited key U.S. jobs reports while monitoring Middle East tensions, rising oil prices, inflation risks,…
By Arslan Ali Butt · Aug 4, 2026 · 3 min read
Brent fell 4.8% to $83.68 and WTI dropped 4.9% to $80.50 on Monday after Trump cancelled a planned Iran strike and OPEC+…
By AAFX.IO Team · Aug 3, 2026 · 3 min read
Brent crude jumped to $93.10 and WTI to $85.57 as U.S. forces struck IRGC targets after Iranian missile attacks and EIA data…
By Arslan Ali Butt · Jul 30, 2026 · 4 min read
Oil prices climbed over 3% on July 29 as US and Saudi forces struck Iran-aligned sites in Iraq following drone attacks. Iran…
By Arslan Ali Butt · Jul 29, 2026 · 3 min read
Oil prices fell as U.S.-Iran diplomatic hopes reduced supply fears. Brent traded at $87.24, WTI at $81.61, while markets monitored the Strait…
By Arslan Ali Butt · Jul 28, 2026 · 3 min read
Global oil prices pulled back sharply in early Tuesday trading as renewed prospects of dialogue between the United States and Iran eased…
By Arslan Ali Butt · Apr 14, 2026 · 3 min read