The Iran war rocked the oil market/black gold is up again! The war between Iran and America not only heated up the battlefield, but also confused the global oil market! According to after the fact, after the American and Israeli attacks on Iran began on February 28, 2026 and the passage of ships through the Strait of Hormuz was restricted, the price of Brent oil, which was around $70, reached more than $110. Prices fell after the ceasefire was established in April, but the collapse of the ceasefire in July reignited the market. This media's graph shows that the price of oil has once again exceeded $110 in recent weeks. Post-factum describes this crisis as the largest recorded disruption of oil supply in the world and writes that the dispute over Iran's nuclear program, sanctions and control of the Strait of Hormuz continue to prevent a sustainable agreement.

The Iran war rocked the oil market/black gold is up again! The war between Iran and America not only heated up the battlefield, but also confused the global oil market! According to after the fact, after the American and Israeli attacks on Iran began on February 28, 2026 and the passage of ships through the Strait of Hormuz was restricted, the price of Brent oil, which was around $70, reached more than $110. Prices fell after the ceasefire was established in April, but the collapse of the ceasefire in July reignited the market. This media's graph shows that the price of oil has once again exceeded $110 in recent weeks. Post-factum describes this crisis as the largest recorded disruption of oil supply in the world and writes that the dispute over Iran's nuclear program, sanctions and control of the Strait of Hormuz continue to prevent a sustainable agreement.