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Market Prices West Texas Intermediate Market Trends Price Fluctuations Price Trends WTI Crude Market Dynamics Price Dynamics Price Surge Strait of Hormuz

Oil Surges as U.S.–Iran Escalation and Houthi Threats Close Key Shipping Lanes

A renewed military campaign has sharply cut tanker traffic through the Strait of Hormuz and the Red Sea, lifting near‑term supply risk premiums.

U.S.–Iran Escalation Sends Oil and Pump Prices Higher as Mexico Restores Fuel Tax Support

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U.S.–Iran Strikes Cut Tanker Traffic Through Strait of Hormuz

Oil Falls Toward Pre‑War Levels as Hormuz Traffic Partially Resumes

Oil Prices Slide as Strait of Hormuz Partly Reopens

Tentative U.S.–Iran Truce Lowers Oil and Gas Prices as Tankers Resume Transit

CRISIL Warns India’s Current Account Could Reach 2% on Costly Oil

BP Flags ‘Exceptional’ Q1 Trading After Iran Conflict Drove Price Swings

Chevron Drops as Oil Slips Below $100 on Hints of Easing U.S.–Iran Strikes

Italy Diesel Back Above €2 as Tax Cut Relief Fades

Hormuz Disruption Forces Gulf Output Cuts as Oil Whipsaws From $120 Peak

Iran Closes Strait of Hormuz as Tankers Halt, OPEC+ Raises Output and Oil Jumps

Oil India, ONGC Jump to 52-Week Highs on Crude Spike and New ONGC Deal Filings

Oil on Track for Second Weekly Loss as Supply Builds and Prices Face Fresh Pressure

Oil Heads for Third Monthly Drop as Stronger Dollar, Rising Supply Weigh on Prices

Oil Slips Toward Weekly Loss as Trump-Putin Meeting and Record U.S. Output Weigh on Prices

Trump’s Ultimatum to Russia Raises Risk of Oil Supply Shock and Price Spike

U.S. Tariffs Take Effect as OPEC+ Plans New Supply Increases

Oil Tops $70 on Trade Deal Boost and Russian Sanctions Risk

Ceasefire Call Between Israel and Iran Drives Brent Oil Below $70 and Spurs European Stocks