World oil prices jumped 1% after an oil slick from a Russian tanker carrying over 8 barrels began spreading to the coast of Oman, exacerbating the Hormuz crisis.

Global oil prices surged more than 2%, with WTI breaking through $84 and Brent nearing $90, after the Hormuz oil deal appeared to be inconclusive. ING warned that the price risk remains heavily biased towards an upward trend.

Hormuz remains unresolved! Analysts warn that global oil prices could surge to $120-140 if the closure extends into Q4, as China's oil imports resume.

Global oil prices plunged 6% on hopes of US-Iran negotiations, while the yen strengthened 1% after the US and Japan confirmed joint intervention in the foreign exchange market to support their currencies.

"Global oil prices" surged more than 3% after Iran launched missile attacks on US forces in the Middle East, while the US and Saudi Arabia retaliated by attacking military bases in Iraq.

Global oil prices fell more than 2% after the US and Iran delayed clashes, raising hopes of easing tensions in the Middle East, although experts warn that risks in the Strait of Hormuz remain.

Global oil prices plunged more than 6% after the US and Iran suspended attacks over the weekend, boosting hopes of a potential resolution to the conflict through negotiations.

Global oil prices plunged more than 5% after the US and Iran halted attacks over the weekend, sparking hopes of a potential resolution to the conflict through negotiations, despite restrictions on shipping through the Strait of Hormuz.

Global oil prices surged, with WTI surpassing $90 and Brent nearing $100, following an attack on an oil tanker off the coast of Saudi Arabia.

Keep an eye on "world oil prices" this morning; they surged 2%, nearing $96, following an attack on an oil tanker off the coast of Saudi Arabia and Trump's threat to retaliate against Iran. Iran has declared it is ready to respond.