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

US-Iran Tensions Weigh on Oil Prices Amid Ongoing Conflict

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the US and Iran that risk disrupting supplies from West Asia.

Brent crude futures fell $0.43, or 0.45%, to $95.20 a barrel at 0029 GMT, while US West Texas Intermediate crude futures were down $0.24, or 0.26%, at $90.77.

The latest attacks between the two nations have been ongoing for seven months, with the war showing no signs of abatement.

Tony Sycamore, an IG analyst, noted that oil prices retreated on tentative signs that the latest flare-up was easing, with no confirmed exchange of fire since around midday on Wednesday, Sydney time.

More on Commodities

Commodities just now

Gold Finds Support at 200-Day EMA Ahead of NFP

Commodities just now

Dollar Weakness Continues Amid Global Inflation Concerns

Commodities just now

Aramco's Resilience Masks Dividend Risks at $70 Oil

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