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

US-Iran Tensions Push Brent Crude to Three-Week High

Guavy AI Editorial Team
Instruments
Oil
Share

Brent crude futures topped $93 per barrel on Thursday morning in Europe, reaching a three-week high as hopes of US-Iran talks faded.

The international benchmark rose by 1.95% to hit $93.48, while the US benchmark WTI Crude traded 2% higher at $86.12 per barrel.

President Trump's announcement of an 'unprecedented' economic pressure campaign against Iran sparked concerns about a stricter sanctions enforcement and added to anxiety about supply disruptions in the Middle East.

Despite recent price gains, analysts say the crude market underestimates real supply disruptions, with Brent trading around $90 per barrel below previous conflict peaks.

More on Commodities

Commodities just now

Aramco Resumes VLCC Transits Through Strait of Hormuz After Three-Week Suspension

Commodities just now

Saudi Crude Exports Recover in June with Increased Production

Commodities 1m ago

Houthis Block 48 Saudi Oil Tankers Amid Escalating Military Operations

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. 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

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