{"id":16676,"date":"2026-07-08T08:45:17","date_gmt":"2026-07-08T08:45:17","guid":{"rendered":"https:\/\/8657085.xyz\/?p=16676"},"modified":"2026-07-08T08:45:17","modified_gmt":"2026-07-08T08:45:17","slug":"oil-prices-extend-rally-as-us-strikes-on-iran-revive-geopolitical-fears","status":"publish","type":"post","link":"https:\/\/8657085.xyz\/?p=16676","title":{"rendered":"Oil prices extend rally as US strikes on Iran revive geopolitical fears"},"content":{"rendered":"<p> <div style=\"display: grid; grid-template-columns: 300px 160px; gap: 2px; width: 460px; background: #eee; padding: 2px;\">\r\n\r\n  <!-- \u6574\u884c\u5bbd\u5e7f\u544a -->\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876674\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"grid-column: 1\/-1; width: 460px; height: 90px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876676\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u7ad6\u6392 -->\r\n  <div style=\"height: 250px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876672\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  <div style=\"height: 500px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876680\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u6469\u5929\u697c\uff08\u548c\u5de6\u4fa7\u5b8c\u5168\u5bf9\u9f50\uff09 -->\r\n  <div style=\"grid-row: 3\/5; height: 750px; background: #ccc; display: grid; place-items: center;\">\r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e2\" data-zoneid=\"5876678\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n  <\/div>\r\n  \r\n  <script async type=\"application\/javascript\" src=\"https:\/\/a.magsrv.com\/ad-provider.js\"><\/script> \r\n <ins class=\"eas6a97888e6\" data-zoneid=\"5876682\"><\/ins> \r\n <script>(AdProvider = window.AdProvider || []).push({\"serve\": {}});<\/script>\r\n<\/div><br \/>\n<\/p>\n<div style=\"padding-right:0;padding-left:0\">\n<p>Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in the Strait of Hormuz.<\/p>\n<p>The sudden flare-up has stoked concerns about peace talks between the foes as they look to end their conflict and fully reopen the crucial waterway.<\/p>\n<p>It added to the dour mood on trading floors amid a fresh tech sell-off caused by questions over stretched valuations and when companies will start realising profits from the eye-watering sums pumped into the AI sector in recent years.<\/p>\n<p>US Central Command said the \u201cpowerful\u201d strikes on Iran were in response to attacks on ships transiting the strait and would \u201cimpose heavy costs for targeting and attacking commercial shipping\u201d.<\/p>\n<p>Three vessels were struck close to Oman, which had proposed a temporary transit corridor hugging its coastline \u2014 an initiative opposed by Tehran as it seeks to impose fees on ships using the waterway.<\/p>\n<p>Iran\u2019s foreign ministry accused the United States of repeatedly violating a memorandum of understanding agreed between the two sides, and threatened to \u201ctake decisive measures to protect its interests and national security\u201d.<\/p>\n<p>The strikes came shortly after Washington revoked a temporary sanctions waiver for Iranian oil.<\/p>\n<p>Both main crude contracts jumped more than two percent Wednesday \u2014 having climbed a similar amount Tuesday \u2014 to hit their highest levels in two weeks. Andreas Krieg, a security expert at King\u2019s College London, said Iran was determined to stick to its demand of charging fees to use the strait, which Washington has said was not acceptable.<\/p>\n<p>\u201cWe are now in a sensitive period where potential alternatives to an Iranian toll or fee system are being explored,\u201d he told AFP.<\/p>\n<p>\u201cIran is sending a clear signal that no alternative will be accepted.\u201d<\/p>\n<p>Equities also suffered, with the fresh US-Iran tensions coming on top of a retreat from the tech sector that has powered markets to multiple record highs over the past two years.<\/p>\n<p>Seoul\u2019s Kospi \u2014 which has been Asia\u2019s poster boy for the rally \u2014 sank more than one percent and has lost more than 20 percent since hitting a record high last month.\u00a0<\/p>\n<p>Samsung again took a hit following a rout Tuesday that came despite forecasting its operating profit had rocketed more than 1,800 percent in the second quarter on the back of strong AI chip demand.<\/p>\n<p>There were also losses in Tokyo, Shanghai, Sydney, Singapore, Wellington and Taipei. However, Hong Kong rose more than one percent.<\/p>\n<p>\u201cAfter AI and tech sentiment had dominated market moves over the last couple of weeks, investors are now forced to move back to focusing on geopolitical tensions,\u201d AT Global Markets\u2019 Nick Twidale said.<\/p>\n<p>\u201cAnd this should dominate market sentiment, especially if we see a further escalation in the coming sessions.\u201d<\/p>\n<p>The dollar extended gains against its peers as the prospect of another hit to supplies from the Middle East fuelled concerns that inflation could remain elevated for longer than feared, putting pressure on the Federal Reserve to hike interest rates.<\/p>\n<p>\u2013 Key figures around 0200 GMT \u2013<\/p>\n<p>West Texas Intermediate: UP 2.3 percent at $72.03 a barrel<\/p>\n<p>Brent North Sea Crude: UP 2.2 percent at $75.76 a barrel<\/p>\n<p>Tokyo \u2013 Nikkei 225: DOWN 0.6 percent at 67,827.89<\/p>\n<p>Hong Kong \u2013 Hang Seng Index: UP 1.9 percent at 23,936.60<\/p>\n<p>Shanghai \u2013 Composite: DOWN 0.2 percent at 3,980.82<\/p>\n<p>Seoul \u2013 Kospi: DOWN 1.5 percent at 7,540.18\u00a0<\/p>\n<p>Euro\/dollar: DOWN at $1.1406 from $1.1415\u00a0<\/p>\n<p>Pound\/dollar: DOWN at $1.3350 from $1.3360<\/p>\n<p>Dollar\/yen: UP at 162.37 yen from 162.09 yen on Tuesday<\/p>\n<p>Euro\/pound: DOWN at 85.43 pence from 85.44 pence<\/p>\n<p>New York \u2013 Dow: DOWN 0.3 percent at 52,925.15 (close)<\/p>\n<p>London \u2013 FTSE 100: UP 0.1 percent\u00a0at 10,665.88\u00a0(close)<\/p>\n<\/div>\n<p><!-- \u603b\u5bb9\u5668\uff1a\u6700\u5927\u5bbd908px Grid\u7d27\u51d1\u5e03\u5c40 -->\r\n<div style=\"display: grid; grid-template-columns: 728px 160px; gap:2px; width:908px; background:#eee; padding:2px;\">\r\n\r\n  <!-- \u901a\u680f\u9876\u90e8\uff1a\u6700\u5927\u6a2a\u5e45 908x258 \u8de8\u6574\u884c -->\r\n  <div style=\"grid-column:1\/-1; height:258px; background:#ff6b6b; display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114307\" data-width=\"908\" data-height=\"258\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114307});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n  <!-- \u7b2c\u4e8c\u901a\u680f\uff1a728\u00d790 \u901a\u680f -->\r\n  <div style=\"grid-column:1\/-1; height:90px; background:#4ecdc4; display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114300\" data-width=\"728\" data-height=\"90\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114300});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n  <!-- \u5de6\u4fa7\u4e3b\u680f\uff1a\u591a\u5e7f\u544a\u5806\u53e0 -->\r\n  <div style=\"display:grid; 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display:grid; place-items:center;\">\r\n\t\r\n<!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114303\" data-width=\"125\" data-height=\"125\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114303});<\/script>\r\n<!--JuicyAds END-->\r\n\t<\/div>\r\n  <\/div>\r\n\r\n  <!-- \u53f3\u4fa7\u7ad6\u680f\uff1a160\u00d7600 \u6574\u5217\u9ad8\u5e7f\u544a -->\r\n  <div style=\"grid-row:3\/8; height:600px;  display:grid; place-items:center;\">\r\n    <!-- JuicyAds v3.0 -->\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async src=\"https:\/\/poweredby.jads.co\/js\/jads.js\"><\/script>\r\n<ins id=\"1114301\" data-width=\"160\" data-height=\"600\"><\/ins>\r\n<script type=\"text\/javascript\" data-cfasync=\"false\" async>(adsbyjuicy = window.adsbyjuicy || []).push({'adzone':1114301});<\/script>\r\n<!--JuicyAds END-->\r\n  <\/div>\r\n\r\n<\/div><br \/>\n<br \/> Oil prices extend rally as US strikes on Iran revive geopolitical fears<br \/>\n<br \/>#Oil #prices #extend #rally #strikes #Iran #revive #geopolitical #fears<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices extended a surge on Wednesday as the Middle East crisis burst back into&#8230;<\/p>\n","protected":false},"author":1,"featured_media":16677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[10244,1232,5437,318,396,342,3494,7939,1030],"class_list":["post-16676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stories","tag-extend","tag-fears","tag-geopolitical","tag-iran","tag-oil","tag-prices","tag-rally","tag-revive","tag-strikes"],"featured_image_urls":{"full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",768,511,false],"thumbnail":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281-150x150.jpg",150,150,true],"medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281-300x200.jpg",300,200,true],"medium_large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",640,426,false],"large":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",640,426,false],"1536x1536":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",768,511,false],"2048x2048":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",768,511,false],"covernews-slider-full":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",768,511,false],"covernews-slider-center":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281-768x500.jpg",768,500,true],"covernews-featured":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281.jpg",768,511,false],"covernews-medium":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281-540x340.jpg",540,340,true],"covernews-medium-square":["https:\/\/8657085.xyz\/wp-content\/uploads\/2026\/07\/22e441aa1e8610629de7b08f2bb27950e43bc281-400x250.jpg",400,250,true]},"author_info":{"display_name":"admin","author_link":"https:\/\/8657085.xyz\/?author=1"},"category_info":"<a href=\"https:\/\/8657085.xyz\/?cat=7\" rel=\"category\">Stories<\/a>","tag_info":"Stories","comment_count":"0","_links":{"self":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/16676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16676"}],"version-history":[{"count":0,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/posts\/16676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=\/wp\/v2\/media\/16677"}],"wp:attachment":[{"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/8657085.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}