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

Oil Prices Rebound Amid US-Iran Tensions

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices have made a partial recovery following a sharp sell-off in the previous two trading sessions. On Wednesday, September Brent crude futures on the ICE Futures exchange rose by 3.53% to $87.06 per barrel.

The price increase marks a rebound from Tuesday's close, when oil prices had fallen to two-week lows. The decline was attributed to a halt in exchanges of strikes between the United States and Iran, as well as reports that negotiators from Iran and Oman were seeking an agreement to restore shipping through the Strait of Hormuz.

September West Texas Intermediate (WTI) crude futures on the New York Mercantile Exchange (NYMEX) also advanced by 3.31% to $81.88 per barrel.

More on Commodities

Commodities just now

Iran Rejects Oman's Proposal for Joint Management of Strait of Hormuz

Commodities 1m ago

Iraqi Militias Target Saudi Oil Facilities for Second Day

Commodities 1m ago

US-Saudi Airstrikes Hit Pro-Iranian Forces in Iraq Amid Escalating Regional Tensions

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