As energy from the Gulf and Russia take a hit, American oil and gas firms are the big gainers.
Events Archive
economicAug 18, 2026
Oil climbs again as waning US-Iran peace hopes raise supply woes
Summary
Oil climbs again as waning US-Iran peace hopes raise supply woes
Actors involved
USIran
Sources
- currentsapi-backfill(Mixed)By Reuters
Oil prices climbed for a third session in a row on Tuesday as prospects for an agreement to end the Middle East war faded, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a cease-fire deal, further heightening worries about global energy …
See this event through different lenses
Compare how different perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...
Related events
economicPartialUSIranRussia
○ 1 source
Location: Iran
economicUnverifiedRussia
○ 1 source
The report will be prepared with the participation of the Russian oil pipeline operator Transneft
economicUnverifiedRussia
○ 1 source
Irakly Kobakhidze underscored that Special Representative of the Georgian PM for relations with Russia Georgy Zurabashvili had started his work very effectively
economicUnverifiedIran
○ 1 source
Some of the vessels sank