Energy & Commodities

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Oil hits $100 a barrel for first time since July

Oil hits $100 a barrel for first time since July

Oil prices have climbed above $100 a barrel for the first time since July 2026, driven by renewed military strikes in the Middle East, including U.S. actions against Iranian tankers and Houthi attacks on Saudi oil infrastructure.

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Oil prices hit $100 for the first time since May

Oil prices hit $100 for the first time since May

Oil prices have climbed to $100 a barrel for the first time since May as tensions in the Middle East escalate and threaten global energy supplies, according to the BBC.

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Oil Prices Leap as Trump Reinstates Hormuz Blockade

Oil Prices Leap as Trump Reinstates Hormuz Blockade

Oil prices rose 5% on Monday as Donald Trump reinstated the US blockade of Iranian shipping in the Gulf and will charge other countries to pass through the strait of Hormuz, according to The Guardian.

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Oil Prices Surge as Violence Flares in Strait of Hormuz

Oil Prices Surge as Violence Flares in Strait of Hormuz

Oil prices surged as tensions flared in the Strait of Hormuz, with Brent crude rising nearly 6 percent to $114.44 a barrel. The US military reported destroying six Iranian boats, while an Iranian source denied the claim, according to Al Jazeera.

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Oil Prices Rise After Trump Says Iranian Ship Seized

Oil Prices Rise After Trump Says Iranian Ship Seized

Oil prices surged above $100 per barrel as U.S. President Donald Trump announced a naval blockade in the Strait of Hormuz, citing concerns over Iranian activities, according to multiple reports.

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