West Texas Intermediate & Iran
240 shared events · Importance 28 · Last updated Aug 24, 2026
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West Texas Intermediate is a global crude oil benchmark whose prices are impacted by geopolitical events involving Iran, but there is no direct organizational, legal, or commercial relationship.
International
West Texas Intermediate: West Texas Intermediate futures bounced significantly, reflecting the market's reaction to the Gulf tensions and potential oil supply disruptions.
Iran: Iran is flexing its control over the Strait of Hormuz, demanding tolls for safe passage, and is involved in a conflict with Israel-backed Hezbollah militia.
Apr 09, 2026 · 6 articles
International
West Texas Intermediate: The price for a barrel of benchmark U.S. crude (West Texas Intermediate) shot up 8.5% to $81.01 per barrel, its highest level since 2024, due to the war with Iran.
Iran: Iran is a key player in the escalating war, which has caused oil prices to spike and disrupted global oil production, particularly concerning the Strait of Hormuz.
Mar 05, 2026 · 6 articles
International
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
Iran: Iran was subjected to airstrikes by Israel and the United States, resulting in over 25 deaths and significant damage. Iran retaliated with missile attacks on Israel and Gulf Arab neighbors, maintaining its control over the Strait of Hormuz, which has caused global oil prices to soar.
Mar 29, 2026 · 65 articles
International
West Texas Intermediate: West Texas Intermediate futures are highly sensitive to the conflict, experiencing price declines and volatility due to hopes of de-escalation and concerns over oil supply disruptions. Its price movements mirror the broader oil market's reaction to the event.
Iran: Iran is a central belligerent in the ongoing conflict, facing airstrikes, blockades, and sanctions, which severely impact its economy and oil exports. Its actions and threats directly influence global oil prices and regional stability.
May 29, 2026 · 22 articles
International
West Texas Intermediate: WTI crude futures also dropped sharply, reflecting the same geopolitical dynamics as Brent. The price is sensitive to U.S.-Iran tensions and Hormuz disruptions.
Iran: Iran is the primary adversary, with its nuclear program and control over the Strait of Hormuz at the center of the conflict. The country faces U.S. military and economic pressure, and its actions influence global oil supply.
Aug 02, 2026 · 34 articles
International
West Texas Intermediate: WTI crude fell 1.38% to $85.86, mirroring Brent's decline amid profit-taking and geopolitical tensions.
Iran: Iran faces new US sanctions, condemning the plans while calling for diplomacy. Its oil exports are already reduced due to the US blockade, and it granted passage to Iraqi tankers.
Aug 23, 2026 · 14 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
Iran: Iran's actions, including striking sites in nearby countries and issuing maps for safe passage, directly contribute to the instability and restrictions in the Strait of Hormuz. Iran also suggested it would be 'unreasonable' to proceed with peace talks due to Israel's actions.
Apr 08, 2026 · 19 articles
International
West Texas Intermediate: West Texas Intermediate>>> crude futures fell on de-escalation hopes but were still set for weekly gains due to earlier Middle East tensions.
Iran: Iran>>>'s involvement in peace talks and its conditions for a deal with United States>>> regarding Lebanon>>> are central to the event. Its oil exports have been significantly reduced due to the United States>>> naval blockade.
Jun 05, 2026 · 7 articles
International
West Texas Intermediate: WTI crude rose to $85.70, tracking Brent higher on Hormuz uncertainty.
Iran: Iran asserts Hormuz remains shut, moves to offensive posture, and finalizes shipping map with Oman, escalating tensions.
Aug 17, 2026 · 33 articles
International
West Texas Intermediate: WTI crude has also risen to multi-week highs, reflecting the same supply concerns and impacting energy markets.
Iran: War and Hormuz closure have disrupted global refining and fuel supplies, causing record margins and high prices.
Mar 08, 2026 · 27 articles
International
West Texas Intermediate: West Texas Intermediate prices slid by more than 15% after the ceasefire agreement, dropping below $100 a barrel, indicating a decrease in market tension.
Iran: Iran agreed to a two-week ceasefire with the United States and committed to reopening the Strait of Hormuz, which had a major impact on global oil prices and shipping. Iran also proposed a 10-point plan for negotiations.
Apr 08, 2026 · 28 articles
International
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Iran: Iran, despite being battered by military actions, presented a 'workable' plan leading to a ceasefire with the United States. Iran will also be allowed to charge fees for ships transiting the Strait of Hormuz, using the funds for reconstruction.
Apr 07, 2026 · 79 articles
International
West Texas Intermediate: West Texas Intermediate>>> crude prices have climbed as a result of the escalating conflict and supply concerns, reflecting the broader impact on global oil markets.
Iran: Iran>>> is directly involved in military exchanges with the United States>>> and its allies, facing severe economic sanctions and threats to its oil industry, while maintaining its stance on the Strait of Hormuz and nuclear program.
Apr 20, 2026 · 607 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have also climbed to a one-week high, reflecting the market's response to the reduced global oil supply caused by the conflict and the blockade of the Strait of Hormuz.
Iran: Iran is a central party in the ongoing conflict with the United States and Israel, which has led to blockades and disruptions in the Strait of Hormuz, significantly impacting its oil and gas exports and overall economy. Iran is reviewing a proposed agreement to halt the conflict.
Jun 02, 2026 · 6 articles
International
West Texas Intermediate: WTI crude prices rose to $80.40, a one-month high, reflecting the same supply concerns.
Iran: Target of US airstrikes; retaliates by attacking US-allied states and vessels, escalating conflict.
Apr 20, 2026 · 304 articles
International
West Texas Intermediate: WTI has risen to three-week highs above $85, reflecting supply fears. Higher oil prices are a key market impact.
Iran: Iran has shifted to a 'fully offensive' posture, threatened to break the US blockade, and kept the strait closed. The country faces severe economic strain with inflation above 80% and oil exports down sharply.
Jul 31, 2026 · 335 articles
International
West Texas Intermediate: WTI prices also rose, around $81 per barrel, reflecting similar supply disruption fears.
Iran: Iran faces severe economic damage from the blockade and sanctions, with oil exports nearly halted, but retains leverage by restricting Hormuz traffic.
Jul 15, 2026 · 127 articles
International
West Texas Intermediate: West Texas Intermediate futures rose sharply as hopes for a peace deal in the US-Israeli war on Iran dimmed and regional tensions increased following the drone attack on the United Arab Emirates' nuclear facility.
Iran: Iran is suspected of being behind the drone strike on the Barakah nuclear power plant, escalating tensions and threatening the fragile ceasefire in the region. Iran has also been accused of launching drone and missile attacks on the United Arab Emirates and maintaining a chokehold on the Strait of Hormuz.
May 16, 2026 · 262 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude futures rose significantly, mirroring Brent Crude, as the escalating Middle East tensions fueled fears of supply disruptions.
Iran: Iran is a central player in the broader conflict, backing Hezbollah, trading strikes with the United States, and allegedly laying mines in the Strait of Hormuz, significantly impacting global oil supply.
May 31, 2026 · 25 articles
International
West Texas Intermediate: Rose to $87.06, up 5.66% on the week, reflecting similar supply concerns.
Iran: Faces new sanctions threat and naval blockade, constraining oil exports and warning of devastating response.
Aug 21, 2026 · 6 articles
International
West Texas Intermediate: West Texas Intermediate (WTI) crude prices have risen, mirroring the global trend in oil prices due to the Iran war.
Iran: Iran's effective closure of the Strait of Hormuz has caused a global energy crisis, driving up oil and gas prices and disrupting supply chains. The nation is also engaged in ongoing conflict with Israel and the United States, leading to economic sanctions and military actions.
May 05, 2026 · 374 articles
International
West Texas Intermediate: West Texas Intermediate crude prices have also been affected by the US-Iran conflict, experiencing volatility and price increases due to supply concerns related to the Strait of Hormuz.
Iran: Iran>>> is a primary party in the conflict, facing US sanctions and military strikes, while asserting control over the Strait of Hormuz>>> and continuing its nuclear program.
May 07, 2026 · 362 articles
International
West Texas Intermediate: Benchmark U.S. crude prices surged due to increased geopolitical tensions between Israel and Iran, reflecting higher demand or supply concerns.
Iran: Iran was targeted by Israeli airstrikes, further straining efforts to end the conflict and impacting its crude oil shipments.
Jun 07, 2026 · 12 articles
Business
West Texas Intermediate: Key benchmark; support at USD 76, resistance at USD 87-93.5, range USD 73-88.
Iran: Denied direct talks with US; diplomatic signals affect crude volatility.
Aug 03, 2026 · 6 articles
International
West Texas Intermediate: WTI crude fell 0.66% to $82.72, pressured by a surprise build in US crude inventories and lower demand outlook, though supply concerns from the Middle East limit downside.
Iran: Iran's deadlocked talks with the US over the interim deal and the Strait of Hormuz blockade continue to underpin oil prices, but no progress was reported, keeping supply risks elevated.
Aug 12, 2026 · 14 articles
International
West Texas Intermediate: West Texas Intermediate>>> crude oil prices have surged due to the intensifying Middle East conflict and the continued closure of the Strait of Hormuz>>>, reflecting tightening global energy supplies.
Iran: Iran is a central figure in the escalating geopolitical conflict with the United States and Israel, impacting crude oil prices and global market stability.
May 18, 2026 · 316 articles
International
West Texas Intermediate: WTI rose to $83.78, mirroring Brent's gains due to the Hormuz closure.
Iran: Iran's closure of the strait and its conditions for reopening are central to the crisis, affecting global oil markets.
Aug 11, 2026 · 27 articles
International
West Texas Intermediate: U.S. crude eased 1.6% to $85.64 a barrel, reflecting market caution over Iran sanctions.
Iran: Iran faces threatened U.S. sanctions due to its control over the Strait of Hormuz, which could impact its oil exports and economy.
Aug 24, 2026 · 6 articles
International
West Texas Intermediate: West Texas Intermediate crude prices jumped sharply due to the ongoing United States blockade and the seizure of an Iranian ship, reflecting the impact on oil supply.
Iran: Iran has vowed to retaliate against the United States' seizure of its cargo ship and has rejected new peace talks. Its actions regarding the Strait of Hormuz and its response to the blockade are central to the event, causing market volatility.
Apr 20, 2026 · 7 articles
International
West Texas Intermediate: West Texas Intermediate crude rose due to concerns over Middle East supply and restrictions in the Strait of Hormuz, reflecting market unease.
Iran: Iran is a central party in the ongoing conflict and peace talks. It is asserting control over the Strait of Hormuz, demanding tolls for passage, and its lead negotiator warned that Israeli strikes and US demands could jeopardize peace talks.
Apr 09, 2026 · 6 articles
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