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

Oil Prices Recover as US-Iran Tensions Continue to Weigh on Markets

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices rebounded on Tuesday after a sharp sell-off in the previous session, as investors continued to monitor the impact of US-Iran tensions on global crude supplies.

The Brent crude price rose 1.6% to over $85 per barrel, while US West Texas Intermediate (WTI) crude gained 1.16% to over $81 per barrel.

The rebound came after US President Donald Trump said that further military action against Iran would be delayed as diplomatic channels remained open.

However, uncertainty persisted after Iran rejected Trump's comments, with Iranian Foreign Ministry spokesperson Esmail Baghaei stating that Tehran was not engaged in negotiations with Washington.

More on Commodities

Commodities 2m ago

Trump Slams Oil Companies for Profiting from Iran War

Commodities 2m ago

Weaker Dollar Pushes Gold Near $4,070 Amid Fed Concerns

Commodities 4m ago

Global Markets Rise as Oil Prices Eases 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