{"id":14742,"date":"2026-08-21T02:34:09","date_gmt":"2026-08-21T02:34:09","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=14742"},"modified":"2026-08-21T02:34:09","modified_gmt":"2026-08-21T02:34:09","slug":"brent-hovers-near-94-as-us-iran-conflict-continues-to-squeeze-energy-supply","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=14742","title":{"rendered":"Brent hovers near $94 as US-Iran conflict continues to squeeze energy supply"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133390906,imgsize-98269,width-400,height-225,resizemode-4\/oil-price-today.jpg\" alt=\"Brent hovers near $94 as US-Iran conflict continues to squeeze energy supply\" title=\"Oil prices head for weekly gains\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Oil prices head for weekly gains\">Oil prices head for weekly gains<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>Oil prices extended their weekly rally on Friday, with Brent crude hovering near $94 a barrel as the ongoing US-Iran conflict continued to disrupt energy supplies.<span class=\"id-r-component br\" data-pos=\"1\"\/>Brent crude inched to $93.89 per barrel around 7:30 am IST, after gaining 2.4% in the previous session. <!-- -->US West Texas Intermediate stood at 86.84 per barrel, following a 2.3% rise a day earlier.<span class=\"id-r-component br\" data-pos=\"5\"\/>The benchmarks were on course for a second straight weekly gain. Brent had risen more than 7% over the previous five sessions, while WTI had advanced more than 8%. Both had reached their highest levels since July 24 during the run of gains.<span class=\"id-r-component br\" data-pos=\"7\"\/>The latest gains followed a more than 2% jump in oil prices on Thursday, when they settled at their highest in nearly a month. <!-- -->Prices rose after US President Donald Trump warned that countries supporting Iran could face retaliation, as efforts to resolve the war remained stalled.<span class=\"id-r-component br\" data-pos=\"12\"\/>The conflict has raised concerns over continued curtailments from major oil producers including Saudi Arabia, Iraq, the UAE and Kuwait. An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks.<span class=\"id-r-component br\" data-pos=\"14\"\/>Earlier on Wednesday Terump threatened &#8220;economic warfare and isolation on an unprecedented scale&#8221; against Tehran and warned of consequences for any country providing &#8220;any type of lifeline to Iran&#8221;.<span class=\"id-r-component br\" data-pos=\"17\"\/>The UAE also suspended all financial and economic transactions with Iran until further notice this week, highlighting the difficult ties between the Gulf Arab oil producer and Tehran.<span class=\"id-r-component br\" data-pos=\"19\"\/>The war began on February 28, when the US and Israel launched military strikes on Iran. Thousands of people have been killed since then, while Tehran&#8217;s blockade of the Strait of Hormuz and Iranian attacks on energy facilities across the Middle East have disrupted oil and gas flows.<span class=\"id-r-component br\" data-pos=\"23\"\/>The impact has also been visible in shipping through the strategic waterway. According to Reuters, nine vessels transited the Strait of Hormuz on Wednesday, unchanged from the previous day and well below pre-war levels. Before the war, shipments equivalent to about one-fifth of global consumption passed through the waterway.<span class=\"id-r-component br\" data-pos=\"25\"\/>Meanwhile, although the ongoing conflict has pushed oil prices back above the $90-a-barrel mark from around $70 earlier, the spike remains well below the $126-a-barrel levels seen during the initial phase of the conflict.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/brent-hovers-near-94-as-us-iran-conflict-continues-to-squeeze-energy-supply\/articleshow\/133390846.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices head for weekly gains Oil prices extended their weekly rally on Friday, with Brent crude hovering near $94 a barrel as the ongoing US-Iran conflict continued to disrupt energy supplies.Brent crude inched to $93.89 per barrel around 7:30 am IST, after gaining 2.4% in the previous session. US West Texas Intermediate stood at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-14742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Oil prices head for weekly gains Oil prices extended their weekly rally on Friday, with Brent crude hovering near $94 a barrel as the ongoing US-Iran conflict continued to disrupt energy supplies.Brent crude inched to $93.89 per barrel around 7:30 am IST, after gaining 2.4% in the previous session. US West Texas Intermediate stood at [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/1787279649_oil-price-today.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/14742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14742"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/14742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/14743"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}