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2026 Iran-Gulf Crisis Tracker
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strikeAug 15, 2026

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Summary

Brent futures settled at $88.52 a barrel, up $1.45, or 1.67%. U.S. West Texas Intermediate crude futures finished at $82.40, up $1.15, or 1.42%. Brent and WTI were on track for weekly gains of 6.0% and 5.4%, respectively.

Source: SECTIONS Oil inches toward ; Lack — Read the full report

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IsraelIranRussiaUkraine

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  • SECTIONS Oil inches toward ; LackBy SECTIONS Oil inches toward ; Lack

    Brent futures settled at $88.52 a barrel, up $1.45, or 1.67%. U.S. West Texas Intermediate crude futures finished at $82.40, up $1.15, or 1.42%. Brent and WTI were on track for weekly gains of 6.0% and 5.4%, respectively. "We're getting a rally going into the weekend after new at…

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○ 1 source

Iran has increased diplomatic activity following statements by US President Donald Trump suggesting the US might resume full-scale strikes on the country. The US news website Axios reported that a US official said US Central Command was preparing for major military operations in Iran and awaiting orders from Washington.

Location: Iran