Brent Oil Surges Past $105 on Renewed Iran Strike Fears
Brent crude jumped nearly 5% to about $105 per barrel on reports of renewed US strikes on Iran, reversing earlier declines.
1 h ago12 min read
Trump says Ukraine and Russia agree to spare energy infrastructure
Trump announces that Ukraine and Russia have both agreed to avoid attacking each other's energy targets, causing oil prices to drop.
14/09/2026 15:212 min read
Trump posted on social media:
Ukraine has agreed not to hit Russian Energy targets. Russia has agreed to do, likewise! The World’s Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran. President DJT
Crude oil prices moved lower following the announcement.
A steady stream of messages from the White House has sought to attribute energy price increases to the conflict in Ukraine rather than to the situation in Iran. There is some validity to the diesel point, though large refineries in the Middle East are also hindered by the closure in Hormuz.
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