- Geopolitical tensions are reported in the Middle East.
- Geopolitical factors are impacting regional oil prices, with US policy changes specifically affecting Iranian oil exports.
- Talks aimed to reopen the Strait of Hormuz amid Middle East tensions, while Canadian markets follow Fed signals.
- Tensions in the Middle East escalate as Iran targets US bases in Jordan and Bahrain, leading to a functional closure of the Strait of Hormuz and raising crude risk premiums.
Iran launched attacks on US bases in Jordan, prompting Brent crude to react to Gulf/Middle East supply threats and WTI pricing.
7 reports, 2 independent
Updated Sep 10
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What happened
Iran launched attacks on US bases in Jordan, prompting Brent crude to react to Gulf/Middle East supply threats and WTI pricing.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Escalation continues as Iran targets US assets near Jordan, driving Brent crude past $100.1 source
Iran strikes US bases in Jordan amid Middle East tensions affecting oil markets.1 source
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The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- Brent
- Jordan
Related events
- Tensions in the Middle East are causing oil price volatility, leading to a plunge in Brent crude futures.
- Trump's actions push crude oil prices above $75 after declaring Iran ceasefire over and threatening strikes.
- Diplomatic progress in the Middle East led to a crude price slump, followed by a rebound due to escalation fears.
- Talks involving Brent advanced toward a potential peace agreement, with the possibility of war in Iran affecting oil prices.
- Escalation in the Gulf region due to Iranian actions has led to attacks on transport networks and commercial shipping lanes across the Middle East.