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    <title>Oil Price Live - Energy News</title>
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    <description>Latest news and analysis on oil prices, energy markets, and commodities.</description>
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    <lastBuildDate>Mon, 08 Jun 2026 16:52:12 GMT</lastBuildDate>
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      <title>Oil Price Live - Energy News</title>
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      <title><![CDATA[Oil rebounds 4% as Iran strikes on Kuwait reignite supply fears]]></title>
      <link>https://www.oilpricelive.com/news/oil-rebounds-iran-strikes-kuwait-reignite-supply-fears</link>
      <description><![CDATA[WTI jumped 4.4% to $94.69 and Brent rose to $97.64 as renewed Iranian strikes on Kuwait revived Hormuz supply fears, reversing last week's peace-driven dip.]]></description>
      <pubDate>Mon, 08 Jun 2026 07:09:35 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>wti</category>
      <category>brent</category>
      <category>hormuz</category>
      <category>iran-war</category>
      <category>opec</category>
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      <title><![CDATA[Oil falls nearly 4% as Lebanon ceasefire revives peace hopes]]></title>
      <link>https://www.oilpricelive.com/news/oil-falls-lebanon-ceasefire-revives-peace-hopes</link>
      <description><![CDATA[WTI slid almost 4% to $92.37 and Brent fell to $94.85 on Thursday as an Israel-Lebanon ceasefire and revived US-Iran talks eased Middle East supply fears.]]></description>
      <pubDate>Thu, 04 Jun 2026 14:26:46 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>ceasefire</category>
      <category>brent</category>
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      <title><![CDATA[Oil jumps 5% as Iran halts US talks and threatens to shut Hormuz]]></title>
      <link>https://www.oilpricelive.com/news/oil-jumps-5-percent-iran-halts-talks-threatens-hormuz</link>
      <description><![CDATA[WTI jumped 5.3% to $92.22 and Brent held above $94 after Iran suspended its indirect talks with Washington and threatened to seal off the Strait of Hormuz.]]></description>
      <pubDate>Mon, 01 Jun 2026 18:43:53 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>hormuz</category>
      <category>wti</category>
      <category>brent</category>
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      <category>brent</category>
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    <item>
      <title><![CDATA[Russia is the Iran war's real oil winner as Asia comes calling]]></title>
      <link>https://www.oilpricelive.com/news/russia-iran-war-oil-winner-asia-comes-calling</link>
      <description><![CDATA[While Gulf oil sits trapped behind the Strait of Hormuz, Russia is selling all it can to India, China and now Southeast Asia, quietly banking record revenue.]]></description>
      <pubDate>Sun, 31 May 2026 22:11:33 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/russia-iran-war-oil-winner-asia-comes-calling</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>russia</category>
      <category>urals</category>
      <category>sanctions</category>
      <category>india</category>
      <category>china</category>
      <category>brent</category>
      <category>wti</category>
    </item>
    <item>
      <title><![CDATA[First tankers cross Hormuz in three months as Iran plays gatekeeper]]></title>
      <link>https://www.oilpricelive.com/news/first-tankers-cross-hormuz-three-months-iran-gatekeeper</link>
      <description><![CDATA[A handful of oil and LNG tankers crossed the Strait of Hormuz in late May after three months of near-total blockade. Iran is controlling who passes and how.]]></description>
      <pubDate>Thu, 28 May 2026 13:44:35 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>hormuz</category>
      <category>iran</category>
      <category>oil-tankers</category>
      <category>lng</category>
      <category>shipping</category>
      <category>blockade</category>
      <category>brent</category>
      <category>wti</category>
      <category>lng</category>
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    <item>
      <title><![CDATA[US strikes Iran over the weekend and oil drops another 4%]]></title>
      <link>https://www.oilpricelive.com/news/us-strikes-iran-oil-drops-4-percent-market-bets-on-deal</link>
      <description><![CDATA[WTI fell below $90 for the first time since April after US forces hit Iranian targets. The market read the strikes as deal pressure, not escalation.]]></description>
      <pubDate>Wed, 27 May 2026 09:12:26 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>wti</category>
      <category>brent</category>
      <category>hormuz</category>
      <category>us-strikes</category>
      <category>deal</category>
      <category>wti</category>
      <category>brent</category>
    </item>
    <item>
      <title><![CDATA[Oil inventories drain at record pace while prices crash on deal hopes]]></title>
      <link>https://www.oilpricelive.com/news/oil-inventories-drain-record-pace-prices-crash-deal-hopes</link>
      <description><![CDATA[Global oil stocks are falling at 8.5 million barrels per day in Q2, the fastest draw ever recorded. Yet crude has dropped 16% in a month on Iran deal optimism.]]></description>
      <pubDate>Mon, 25 May 2026 18:29:54 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>inventories</category>
      <category>eia</category>
      <category>iea</category>
      <category>iran-war</category>
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      <category>strait-of-hormuz</category>
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    <item>
      <title><![CDATA[WTI crashes to $91 as US and Iran close in on Hormuz deal]]></title>
      <link>https://www.oilpricelive.com/news/wti-crashes-91-us-iran-close-hormuz-deal</link>
      <description><![CDATA[WTI fell 6% to $91.13 and Brent dropped below $98 after Washington and Tehran outlined a framework to extend the ceasefire and reopen the Strait of Hormuz.]]></description>
      <pubDate>Mon, 25 May 2026 10:50:09 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>wti</category>
      <category>brent</category>
      <category>hormuz</category>
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    <item>
      <title><![CDATA[WTI breaks below $100 as Trump predicts oil will 'plummet']]></title>
      <link>https://www.oilpricelive.com/news/wti-breaks-below-100-trump-predicts-oil-plummet</link>
      <description><![CDATA[WTI fell 9% to $98.57, its first trip below $100 since the war began. Trump predicted prices would plummet, and the Senate voted to limit his Iran war powers.]]></description>
      <pubDate>Wed, 20 May 2026 16:33:46 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>wti</category>
      <category>brent</category>
      <category>trump</category>
      <category>iran-war</category>
      <category>senate</category>
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    </item>
    <item>
      <title><![CDATA[Trump calls off Iran strike as Gulf leaders push for talks]]></title>
      <link>https://www.oilpricelive.com/news/trump-calls-off-iran-strike-gulf-leaders-push-talks</link>
      <description><![CDATA[Trump shelved a planned Iran strike after Gulf allies asked for 2-3 more days. Brent swung from $112 to $111 as Iran sent a 14-point peace proposal.]]></description>
      <pubDate>Tue, 19 May 2026 16:48:45 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/trump-calls-off-iran-strike-gulf-leaders-push-talks</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>iran-war</category>
      <category>oil-prices</category>
      <category>trump</category>
      <category>hormuz</category>
      <category>diplomacy</category>
      <category>brent</category>
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      <category>brent</category>
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    </item>
    <item>
      <title><![CDATA[WTI rolled to July and stripped another $4.40 from the headline]]></title>
      <link>https://www.oilpricelive.com/news/wti-rolled-july-contract-cln26-strip-4-dollars</link>
      <description><![CDATA[The June WTI contract expires Tuesday. We now quote July at $101.02, down $4.40 from the expiring month. The curve is steeper than last time.]]></description>
      <pubDate>Sun, 17 May 2026 11:45:13 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/wti-rolled-july-contract-cln26-strip-4-dollars</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>wti</category>
      <category>futures</category>
      <category>contract-roll</category>
      <category>backwardation</category>
      <category>oil-prices</category>
      <category>market-structure</category>
      <category>wti</category>
      <category>brent</category>
    </item>
    <item>
      <title><![CDATA[Why Brent is at $107 and not $150 after ten weeks of Hormuz closure]]></title>
      <link>https://www.oilpricelive.com/news/why-brent-107-not-150-ten-weeks-hormuz-closure</link>
      <description><![CDATA[Analysts predicted $150 oil if Hormuz shut down. Ten weeks in, Brent sits at $107. China's strategic reserves, low starting prices, and stubborn deal optimism explain the gap.]]></description>
      <pubDate>Wed, 13 May 2026 09:33:16 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/why-brent-107-not-150-ten-weeks-hormuz-closure</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>analysis</category>
      <category>brent</category>
      <category>strait-of-hormuz</category>
      <category>china</category>
      <category>iran-war</category>
      <category>brent</category>
      <category>wti</category>
    </item>
    <item>
      <title><![CDATA[US gasoline hits $4.55 a gallon with $5 likely by Memorial Day]]></title>
      <link>https://www.oilpricelive.com/news/us-gasoline-hits-4-55-gallon-5-dollars-memorial-day</link>
      <description><![CDATA[The national average jumped 25 cents for the second straight week to $4.55, up 53% since the war began. Analysts warn $5 is coming before the holiday weekend.]]></description>
      <pubDate>Sun, 10 May 2026 22:35:44 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/us-gasoline-hits-4-55-gallon-5-dollars-memorial-day</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>gasoline</category>
      <category>consumer-impact</category>
      <category>strait-of-hormuz</category>
      <category>iran-war</category>
      <category>eia</category>
      <category>wti</category>
      <category>brent</category>
      <category>gasoline</category>
    </item>
    <item>
      <title><![CDATA[Brent back above $103 after US Navy fires on Iranian oil tanker]]></title>
      <link>https://www.oilpricelive.com/news/brent-above-103-us-navy-fires-iranian-oil-tanker</link>
      <description><![CDATA[Brent crude jumped back above $103 after a US Navy jet disabled an Iranian oil tanker in the Gulf of Oman, rattling deal hopes as Iran's response deadline arrives.]]></description>
      <pubDate>Thu, 07 May 2026 21:38:21 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/brent-above-103-us-navy-fires-iranian-oil-tanker</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>iran-war</category>
      <category>oil-prices</category>
      <category>brent</category>
      <category>wti</category>
      <category>strait-of-hormuz</category>
      <category>us-navy</category>
      <category>brent</category>
      <category>wti</category>
      <category>gold</category>
    </item>
    <item>
      <title><![CDATA[Brent below $97 as oil drops $17 in four days and Iran mocks deal talk]]></title>
      <link>https://www.oilpricelive.com/news/brent-below-97-oil-drops-17-four-days-iran-mocks-deal</link>
      <description><![CDATA[Brent fell to $97.42 on Thursday, down $17 from Monday's peak. Iran's parliament speaker mocked deal reports as "Operation Fauxios." Tehran's response is due today.]]></description>
      <pubDate>Thu, 07 May 2026 12:51:57 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/brent-below-97-oil-drops-17-four-days-iran-mocks-deal</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>peace-deal</category>
      <category>brent</category>
      <category>wti</category>
      <category>strait-of-hormuz</category>
      <category>opec</category>
      <category>diplomacy</category>
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    <item>
      <title><![CDATA[Brent crashes through $100 as US and Iran near deal to end the war]]></title>
      <link>https://www.oilpricelive.com/news/brent-crashes-through-100-us-iran-deal-end-war</link>
      <description><![CDATA[Brent broke below $98, down $11.67 on the day, after Axios reported the US and Iran are closing in on a one-page deal to end the war. Trump paused Project Freedom.]]></description>
      <pubDate>Wed, 06 May 2026 11:40:14 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/brent-crashes-through-100-us-iran-deal-end-war</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>peace-deal</category>
      <category>brent</category>
      <category>wti</category>
      <category>strait-of-hormuz</category>
      <category>project-freedom</category>
      <category>diplomacy</category>
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    <item>
      <title><![CDATA[WTI crashes below $96 as oil sheds 10% from Monday's war peak]]></title>
      <link>https://www.oilpricelive.com/news/wti-crashes-below-96-oil-drops-10-percent-monday-peak</link>
      <description><![CDATA[WTI broke below $96 on Wednesday, nearly 10% below Monday's close. Brent fell to $104. Five bearish forces are hitting at once as the market reprices the war.]]></description>
      <pubDate>Wed, 06 May 2026 09:29:09 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/wti-crashes-below-96-oil-drops-10-percent-monday-peak</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>oil-prices</category>
      <category>iran-war</category>
      <category>wti</category>
      <category>brent</category>
      <category>demand-destruction</category>
      <category>hormuz</category>
      <category>opec</category>
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    <item>
      <title><![CDATA[Brent drops $4 from 2026 high as Hormuz clash fails to break ceasefire]]></title>
      <link>https://www.oilpricelive.com/news/brent-drops-4-hormuz-clash-ceasefire-holds-project-freedom</link>
      <description><![CDATA[Brent fell $4.31 to $110.13 after Monday's 2026 high of $114. US helicopters sank six Iranian boats during Project Freedom's first convoy, but both sides say the ceasefire holds.]]></description>
      <pubDate>Tue, 05 May 2026 20:26:28 GMT</pubDate>
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      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>iran-war</category>
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      <category>project-freedom</category>
      <category>strait-of-hormuz</category>
      <category>us-navy</category>
      <category>ceasefire</category>
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    </item>
    <item>
      <title><![CDATA[Iran drone hits Fujairah oil terminal, threatening the last route around Hormuz]]></title>
      <link>https://www.oilpricelive.com/news/iran-drone-fujairah-oil-terminal-hormuz-bypass-under-attack</link>
      <description><![CDATA[An Iranian drone struck the VTTI oil terminal in Fujairah, damaging two storage tanks at the endpoint of the only pipeline that bypasses the Strait of Hormuz. Brent crude surged past $113.]]></description>
      <pubDate>Mon, 04 May 2026 20:44:44 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/iran-drone-fujairah-oil-terminal-hormuz-bypass-under-attack</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>iran-war</category>
      <category>fujairah</category>
      <category>uae</category>
      <category>oil-prices</category>
      <category>strait-of-hormuz</category>
      <category>oil-infrastructure</category>
      <category>geopolitics</category>
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    </item>
    <item>
      <title><![CDATA[Project Freedom launches as US Navy guides first tankers through Hormuz under Iranian threats]]></title>
      <link>https://www.oilpricelive.com/news/project-freedom-us-navy-guides-tankers-hormuz-iran-threatens-attack</link>
      <description><![CDATA[The US military began guiding stranded commercial ships through the Strait of Hormuz on Monday, deploying 15,000 troops, guided-missile destroyers, and over 100 aircraft. Iran's IRGC warned it will attack any foreign forces entering the waterway.]]></description>
      <pubDate>Mon, 04 May 2026 10:53:04 GMT</pubDate>
      <guid isPermaLink="true">https://www.oilpricelive.com/news/project-freedom-us-navy-guides-tankers-hormuz-iran-threatens-attack</guid>
      <author>news@oilpricelive.com (Energy Desk)</author>
      <category>iran-war</category>
      <category>strait-of-hormuz</category>
      <category>project-freedom</category>
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      <category>oil-prices</category>
      <category>shipping</category>
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