Brent

The US launched strikes against Iran following attacks on three commercial vessels in the Strait of Hormuz, accusing Iran of violating a recent ceasefire. The US reimposed sanctions on Iranian oil sales, while oil prices rose due to the escalation. Iran claims it should control traffic through the waterway, contributing to ongoing global instability.

The US revoked a sanctions waiver for Iran following attacks on Gulf vessels, including Qatari and Saudi tankers in the Strait of Hormuz. The decision removes economic incentives tied to Middle East war-ending negotiations and coincided with a rise in oil prices.

Colombia's COLCAP stock index rose 1.57% on July 3 as the peso held near its 52-week low and Brent crude prices increased.

Citi forecasts Brent crude oil prices to drop to $60 a barrel by Christmas. The bank’s analysts note that both the US and Iran have reasons to maintain a ceasefire.

Brent crude has fallen below $71 as the US-Iran war premium unwinds, easing conditions in Asia and pressuring oil producers. The situation highlights global implications and Latin America's stake in the shifting dynamics.

Oil prices have fallen to levels not seen since the start of the US-Israel war on Iran. Brent crude dropped below $71 a barrel amid reports of progress in talks to end the conflict.

Oil prices fell more than 1% after talks between Washington and Tehran concluded, easing Middle East tensions. Brent crude experienced its worst quarter since 2020.

The Strait of Hormuz has mostly reopened, and while crude prices have risen since the Iran conflict began, predictions of $200-per-barrel Brent oil did not materialize. Rory Johnston, founder of the Commodity Context newsletter, discusses this in a podcast, revisiting his earlier analysis from the start of the conflict.

The FTSE 100 is expected to decline as Brent crude oil prices drop below $73. This fall in oil prices is seen as a negative factor affecting the stock market.

As of June 24, 2026, the price of oil using the Brent benchmark is $75.57 per barrel, down $2.47 from the previous day but up $7.40 compared to the same time last year. The article discusses factors influencing oil prices, including supply and demand dynamics, the role of the U.S. Strategic Petroleum Reserve during emergencies, and the relationship between oil and natural gas prices.

Oil futures rebounded on a technical rebound driven by oversold market indicators, despite ongoing uncertainty about Hormuz Strait traffic. The recovery in Brent and WTI prices followed signals suggesting a potential market reversal.

US officials report that oil flows through the Strait of Hormuz are reaching half of pre-war levels, with the US Navy escorting vessels carrying seven million barrels of oil daily. The increase in shipments has contributed to a decline in oil prices, though tensions persist as Iran downplayed a recent Apache helicopter incident in the region.

Asian stocks fell sharply as the US and Iran exchanged their largest round of fire since a ceasefire was agreed in April, following the US launching strikes against Iran after Donald Trump blamed Tehran for downing a US army helicopter near the strait of Hormuz. The incident caused Brent crude to briefly fall below $90 and triggered a significant decline in the Philly Semiconductor Index, with reflation expected due to energy costs and lingering uncertainty over peace talks and Hormuz reopening.

Asian stocks fell sharply as the US and Iran exchanged their largest strikes since a April ceasefire, following Iran's downing of a US helicopter near the Strait of Hormuz. The incident caused Brent crude to dip below $90 and the Philly Semiconductor Index to drop 8.62% intraday, though both partially rebounded. Uncertainty over peace talks and Hormuz's reopening is expected to persist.

As of June 8, 2026, Brent crude oil priced at $97.15 per barrel, down 84 cents from the previous day but up $30 compared to a year ago. Oil prices are influenced by supply and demand dynamics, with factors like economic downturns or geopolitical events causing rapid fluctuations.

Bank of America's Blanch predicts that $90 Brent is the best-case scenario for the oil market. This prediction is based on current market trends. The Permian Basin near Midland, Texas, is a significant area for oil operations.

Stocks and bonds are declining as Brent hits $110. This decline is reported by Bloomberg. The information is provided in a brief on May 18, 2026.

Morgan Stanley warns that crude prices may surge to $150 by summer due to Hormuz closure, currently being held at bay from higher losses. Crude prices are climbing to start the week. The potential price increase is a concern for the market.

Brent has found an uneasy equilibrium according to StanChart, indicating a state of balance in the market. This equilibrium is uneasy, suggesting instability. The statement was made by Standard Chartered.

A 17-year-old British national from Brent, London, has been charged with arson after setting a bottle alight and throwing it through the window of the Kenton United Synagogue in Harrow. The suspect, unnamed due to his age, is scheduled to appear at Westminster Magistrates Court.