Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Oil Price Spike Weighs on Wall Street as Iran Tensions Rise

Guavy AI Editorial Team
Instruments
Oil
Share

Wall Street is expected to open lower on Thursday as tensions between Iran and the US drive up oil prices. The price of Brent crude has surpassed $98 a barrel, its highest level since early June.

The intensifying conflict in the Middle East has pushed up energy costs, which are weighing on stocks. Airlines and other fuel-dependent companies are particularly vulnerable to rising oil prices.

Alphabet Inc., the parent company of Google, saw its shares fall 4% after the European Union fined it $1 billion for breaking digital antitrust regulations.

More on Commodities

Commodities just now

Turkish Natural Gas Market Sees Decline in Trade Volume

Commodities just now

Saudi Oil Rerouted Through Suez Canal Amid Disruptions

Commodities 1m ago

Robinhood's Natural Gas Price Contract Kicks Off

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy