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

US-Iran Tensions Push Oil Prices Towards Steepest Weekly Gain Since July

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices are on track for their biggest weekly gain since mid-July due to intensifying US-Iran hostilities.

The war between the two countries has entered its seventh month, with Israeli Defence Minister Israel Katz warning that Israel would 'cripple' Iran's military and civilian infrastructure, including energy facilities.

Brent crude futures rose 7.6% to $95.52 a barrel on Friday, while U.S. West Texas Intermediate crude futures climbed 10.4% to $91.36, putting the benchmarks on track for their highest gains since July 20.

More on Commodities

Commodities 1m ago

Asian Importers Turn to Expensive Australian Wheat Amid Ukraine Disruptions

Commodities 2m ago

Climate Change Could Send Wheat Prices Skyrocketing to $364/Tonne

Commodities 2m ago

Black Sea Blockade Boosts Grain Prices for Non-Russian Ukraine Exporters

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