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strikeAug 14, 2026

Oil steadies after US threatens to blockade Iran indefinitely

Summary

Brent futures rose 9 cents, or 0.1%, to $87.16 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $81.29 a barrel.

Source: SECTIONS Oil steadies after US threatens — Read the full report

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  • SECTIONS Oil steadies after US threatensBy SECTIONS Oil steadies after US threatens

    Brent futures rose 9 cents, or 0.1%, to $87.16 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $81.29 a barrel. The two benchmarks fell more than 2% in the prior session, paring gains after a six-session rally for Brent and a five-sess…

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strikeUnverifiedUSIran
○ 1 source

President Trump told reporters on Friday that the U.S. military carried out limited strikes on targets in Iran, including an anti-aircraft device. These actions followed reports of explosions on Qeshm Island, Hengam Island, and the mainland area of Bandar Abbas.

The strikes mark the first U.S. military action since the midterm elections.

Location: Iran