WTI
93.45
+2.15% (+1.97)
Updated 09:20 PM
Overview
The suspension signals tighter U.S. enforcement of sanctions tied to Iran. This adds to supply-side uncertainty in a market already trading higher amid Middle East tensions.
Updated 09:18 PM
High confidence09/08, 05:53 PM
Iran's Revolutionary Guard deputy commander said Iranian armed forces fully control the Strait of Hormuz, with forces deployed across southern Iran and Persian Gulf islands.
Jin10
09/08, 05:53 PM
Related updates
Jin10·09/08, 01:38 PM
Saudi Arabia's Energy Ministry reported a third attack in under 48 hours on southern energy facilities, including a Saudi Aramco refinery in Abha, causing fires and temporary shutdowns, with reports of an attack on Abha airport and explosions across southern regions.
FirstSquawk·09/08, 01:04 PM
A Houthi military spokesperson said the group will announce a broad military operation deep into Saudi territory.
Jin10·09/08, 09:11 PM
Low impactThe U.S. Treasury suspended Iran-related General License J-1.
Jin10·09/08, 08:07 PM
Low impactIranian media reported that Iran's army air defense forces shot down a U.S. MQ-1 drone over the Strait of Hormuz, per Xinhua.
OilPrice·09/08, 07:00 PM
Low impactKuwait's crude oil exports have rebounded to about 1 million bpd, two-thirds of the 1.6 million bpd shipped via the Strait of Hormuz before the Iran war, a KPC official said.
WTI
WTI Crude
93.45
+2.15% (+1.97)
Updated 09:20 PM