Crude Oil Futures News - August 2026
Crude Oil Surges on Heightened U.S.-Iran Tensions
WTI crude oil prices rose sharply as a ceasefire between the U.S. and Iran is set to expire, increasing fears of a broader conflict that could disrupt global...
Crude Oil Jumps on Heightened Strait of Hormuz Tensions
WTI crude oil prices surged over 2% due to renewed uncertainty regarding the reopening of the Strait of Hormuz, a critical channel for global oil supplies....
Crude Oil Surges on Strait of Hormuz Reopening Uncertainty
WTI crude oil futures jumped over 2% in pre-market trading as uncertainty intensified regarding the reopening of the crucial Strait of Hormuz. Reports indicate...
U.S.-Israel Strikes on Iran Could Send Crude Past $100 — How High Can the War Premium Go?
Reports that the United States and Israel are in advanced planning stages for a bombing campaign against Iranian energy infrastructure have thrust crude oil...
Crude Oil Tumbles on Hopes of US-Iran Deal to Reopen Strait of Hormuz
WTI crude oil futures fell sharply after U.S. Treasury Secretary Scott Bessent indicated that an agreement with Iran to reopen the Strait of Hormuz could be...
U.S. and Israel Prepare Iran Energy Strikes, Threatening Global Oil Supply
The United States and Israel are planning a bombing campaign against Iranian energy infrastructure, with strikes possible as early as this weekend. Proposed...