Technical analysis: Crude oil extends rally on persistent Middle East tension
Crude oil futures rose sharply as Middle East tensions escalated, with Brent above $100 and WTI approaching early-June highs.
09/09/2026 16:2310 min read
Oil
Oil's rally through key resistance signals deeper trouble ahead
Brent crude has breached $100, and WTI has cleared key resistance, highlighting inflationary risks and political challenges.
09/09/2026 13:339 min read
Brent crude breaches $100, European stocks tumble
Brent crude rose above $100, European stocks fell, and bond yields stayed elevated amid guarded sentiment.
09/09/2026 11:425 min read
European equities drop as $100 oil stokes inflation fears before ECB
European stocks slid as oil prices briefly reached $100, stoking inflation fears ahead of the ECB meeting.
09/09/2026 09:036 min read
UN Report: Hormuz Risk Could Exclude 90% of Businesses from Trade
A UN report warns that disruptions in the Strait of Hormuz could force small firms out of global supply chains, hitting the 90% of businesses that are SMEs…
09/09/2026 05:419 min read
Oil prices approach $100 as US-Iran tensions rise, with post-breach risk the bigger worry
Oil prices near $100 as US-Iran tensions persist, with the bigger risk seen if prices stay above that level.
09/09/2026 05:038 min read
US forces destroy five Iranian oil tankers; Asia equities climb on AI hopes
US forces destroyed five Iranian crude oil tankers in response to an IRGC attack; Asia stocks rose on AI optimism; US-Canada trade war escalated.
09/09/2026 03:4315 min read
Iran announces missile strikes on US Navy ships and oil tankers in Gulf
Iran's Revolutionary Guard claimed ballistic missile strikes on two US destroyers and attacks on 18 commercial and oil vessels in the Strait of Hormuz, with…
09/09/2026 02:5114 min read
Gold Drops on Iran Strikes as Rate Fears Trump Geopolitical Risk
Gold falls on Middle East escalation as inflation and Fed rate hike fears override safe-haven demand.
09/09/2026 02:0521 min read
Brent crude's bigger Gulf reaction highlights benchmark differences
Brent crude's stronger reaction to Iran's missile strikes on US bases illustrates why it differs from WTI for geopolitical risk.
09/09/2026 00:4119 min read
Iran Fires Ballistic Missiles at US Bases in Jordan in Escalation
Iran launched over 30 ballistic missiles at US bases in Jordan after US forces struck Iranian tankers, escalating the Gulf conflict.
08/09/2026 22:5117 min read
Blasts reported on Iran's key oil island as crude tests highs
Reports of explosions on Iran's Kharg Island, a key oil export hub, as WTI crude tests July highs.
08/09/2026 19:012 min read
Oil Retreats After Breakout Above June High Fails
Oil rose to $94.37 before falling to $92.30, with a false breakout above the June high. Geopolitical events failed to sustain gains.
08/09/2026 18:225 min read
Jeddah airport said to halt flights as Saudi tensions mount
Reports said flights at Jeddah airport were suspended as Saudi-Houthi clashes intensified and oil prices climbed to $94.73.
08/09/2026 17:139 min read
BoE officials voice concern over energy-driven inflation
BoE officials express concern over energy price rises and external risks with weak domestic economy.
08/09/2026 13:414 min read