Topic
Hormuz ceasefire oil price escalation 2026
Every story we have published on Hormuz ceasefire oil price escalation 2026.
Africa4 min
Lead story
Brent drops 6% on ceasefire hopes after Iran clashes
Brent crude fell roughly 6% over the week to settle near $101 per barrel on Friday as Trump insisted the US-Iran ceasefire remained intact despite fresh exchanges of fire in the Strait of Hormuz. Weekly losses were the…
4 min read10 May 2026
Africa4 min
Hormuz ceasefire fractures as Brent hits $114
Brent crude surged 5.8% to $114.44 on May 4, its highest 2026 close, after Iran launched drones and missiles at UAE infrastructure in response to…
6 May 2026