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Brent Oil - Oil Rises as U.S.-Iran Tensions Escalates

31-08-2026 02:04

Oil prices rose after fighting between the U.S. and Iran, but Phillip Nova said prices were more likely to reflect the flow of oil from the Strait of Hormuz rather than the conflict in that region.

Brent oil tops $90 after first US and Iran fighting in a month

Oil prices jumped on Monday after the U.S. and Iran exchanged fire for the first time in a month.

Crude oil prices retreat: Brent, WTI slip even as rebound risks persist

WTI and Brent have compressed into a triangle pattern that could lead to a big move.

Oil Price Forecast 2027: Analysts Push $75 Brent Call Back

Analysts at Berenberg have pushed their $75 Brent forecast into summer 2027 as the extended Iran shock keeps energy prices and European inflation higher for longer ...

Brent price forecast: could oil fall below $85 as Hormuz fears ease?

HSBC lowered its 2026 Brent forecast to $80 a barrel from $95, assuming Gulf oil exports return to normal by the end of September. A Reuters poll published in July put the 2026 average forecast at $85 ...

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