Oil & Geopolitics

Oil price forecast today with WTI and Brent analysis, OPEC news, inventory data, Middle East risk, supply disruptions and energy market drivers.

Latest Oil & Geopolitics News

Here we go again. Israel, Lebanon agree ceasefire framework, but Hezbollah holds the key.

Israel and Lebanon have agreed a ceasefire framework under US guidance, contingent…

Middle East Tensions Drive Oil Higher as S&P 500 Snaps Winning Streak

Key takeaways Renewed clashes between the U.S. and Iran involving Kuwait and…

British Pound edges higher vs softer USD amid Israel-Lebanon truce – 4 June 2026

The GBP/USD pair attracts some dip-buyers following the previous day’s slide back…

House passes Conflict powers resolution to halt Trump’s authority in Iran – 4 June 2026

The Republican-led House voted to curb the US war with Iran, breaking…

IEA stockpile warning and deeper crude draw add fuel to Wednesday’s oil rally

Brent settled up 1.9% at $97.81 and WTI gained 2.4% to $96.02…

Australian Dollar tumbles as Hormuz strikes spark US Dollar flight – 3 June 2026

The Australian Dollar (AUD) drops some 0.70% on Wednesday against the US…

US military fires Hellfire missile at tanker bound for Iran’s Kharg Island

US forces fired a Hellfire missile into the engine room of a…

New Zealand Dollar slides for third day as US-Iran tensions lift USD

NZD/USD falls to around 0.5870 on Wednesday at the time of writing,…

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