Crude oil prices experienced their fourth consecutive day of gains, closing above $90 for the first time since June. Goldman Sachs warned of a risk scenario that could push the barrel above $120 if disruptions in the Strait of Hormuz and the Red Sea persist. Discover the market details and expert insights.
The U.S. Central Command (CENTCOM) confirmed a new wave of attacks against Iranian military targets. While Tehran responds with missiles targeting U.S. bases in Jordan, Kuwait, and Bahrain, oil prices surpass $92, and the risk of a large-scale war intensifies in the Middle East.
The Middle East conflict enters a critical phase with the ninth and tenth consecutive nights of bombings. Iran warns of a large-scale war as the Strait of Hormuz remains blocked, severely affecting global trade and surging oil prices. Mediators are actively seeking a ceasefire to restore peace.
The US-Iran conflict is nearing a dangerous tipping point following the deaths of US soldiers in Jordan. In a critical escalation, Houthi rebels have declared a naval blockade on Saudi Arabia, threatening global oil supplies. The international community remains hopeful for diplomatic mediation.
The International Monetary Fund (IMF) issued a stark warning regarding the global oil market following the Middle East conflict. Even if the strategic Strait of Hormuz reopens, oil supply could take up to three months to stabilize. The world's reserves that prevented massive price hikes are rapidly depleting.
US Central Command executed a new 90-minute wave of bombings against Iranian missile platforms on Greater Tunb Island. The operation aims to destroy Iran's ability to block the strategic Strait of Hormuz, through which 25% of the world's oil passes.
On July 15, 2026, the US Central Command (CENTCOM) confirmed a new series of bombings against Iran. The offensive aims to degrade military capabilities used to attack commercial ships in the strategic Strait of Hormuz, reigniting open conflict following the collapse of the recent truce. Diplomatic efforts remain crucial.
On July 14, 2026, the United States launched its third consecutive night of bombings against Iran. Simultaneously, the UAE attributed a missile attack on two oil tankers in the Strait of Hormuz to Iran, resulting in one Indian crew member dead and eight wounded.
The international soybean price neared US$440 per ton in Chicago, fueled by geopolitical tensions in the Strait of Hormuz and US heatwaves. However, in Argentina, farmers are registering the lowest forward sales in three decades, challenging grain companies with a retention strategy that is redefining the market.
As of July 13, 2026, the end of the Middle East ceasefire and tensions in the Strait of Hormuz have driven international soybean prices up, improving local quotes. However, the Argentine market has registered the lowest price fixation in three decades for the oilseed. Despite this cautious approach, the global scenario offers a highly promising outlook.
In an unprecedented military operation, the US Central Command (CENTCOM) reportedly used unmanned surface vessels for the first time to strike an Iranian naval base. Simultaneously, Donald Trump announced a naval blockade and a 20% toll to protect transit through the strategic Strait of Hormuz, a measure already rejected by the IMO.
Tensions in the Middle East are escalating as the US announces it will guard the Strait of Hormuz, charging a 20% toll on ships. Iran responded by warning Gulf nations that cooperation equals an act of war. Despite this, Egypt and Qatar are mediating to resume negotiations and seek peace.
Tensions in the Middle East have escalated as the US launched a new offensive against Iranian targets in the Strait of Hormuz. In response, Iran attacked US bases across the region, causing Brent crude oil prices to surge by 4% to $79. The international community is actively seeking diplomatic solutions to prevent further conflict.
The conflict that began in February has severely escalated. The United States launched new attacks against Iranian military installations, including areas near the Bushehr nuclear plant. Tehran responded with missiles over Kuwait, Qatar, and Bahrain, while the Strait of Hormuz faces an effective blockade. The international community urgently seeks a nuclear deal.
El conflicto entre Estados Unidos e Irán, iniciado el 28 de febrero de 2026, atraviesa un momento crítico. El funeral de Alí Jameneí reunió a millones de personas, mientras Donald Trump confirma el fin del alto al fuego y amenaza con represalias masivas. El bloqueo en el estrecho de Ormuz mantiene en vilo al mercado energético mundial.
A historic funeral in Iran and Iraq gathered 43 million people to bid farewell to Supreme Leader Ali Khamenei. Amidst the tension, the United States holds onto the hope of resuming diplomatic talks, even though the ceasefire has been officially canceled.
On July 9, 2026, Iran bid farewell to Supreme Leader Ali Khamenei in the holy city of Mashhad amid severe threats against Donald Trump and a climate of maximum tension. The ceasefire with the United States broke following attacks in the Strait of Hormuz, while a deep mystery surrounds his designated successor, Mojtaba Khamenei, who was notably absent from the funeral.
US President Donald Trump announced on July 10, 2026, that the ceasefire with Iran has ended, though talks will continue. As tension in the Strait of Hormuz persists, the world watches with hope the mediation efforts to prevent an escalation and seek peace.
Former U.S. President Donald Trump announced that the U.S. has agreed to resume diplomatic talks with Iran, although he made it clear that the ceasefire has officially ended. The Middle East remains on edge following unclaimed airstrikes on Persian territory.
The fragile truce signed in April and the June memorandum have vanished. Washington bombs dozens of coastal targets in Iran, while Tehran responds by attacking US bases in Kuwait and Bahrain. With the Strait of Hormuz in dispute and Brent crude on high alert, the UN calls for de-escalation.
Tensions in the Middle East have reached critical levels. According to teleSUR, the Khatam al-Anbia Headquarters condemned the US offensive as a 'flagrant violation' of the ceasefire. Iranian Armed Forces promise a proportional response following the attacks.
On July 8, 2026, the US launched a major offensive against Iran, hitting 90 military targets. Tensions in the Strait of Hormuz have peaked, driving up crude oil prices and leaving thousands of sailors trapped in the region amid a shattered ceasefire.
The United States launched a new offensive against 90 Iranian military targets following the end of the ceasefire announced by Donald Trump. The escalation in the Strait of Hormuz caused a sharp rise in Brent crude prices, nearing $79. As the UN and countries like Qatar call for de-escalation, the world watches with hope for diplomatic solutions.
The United States launched a new air offensive against Iran following the end of the ceasefire announced by Donald Trump. Tension in the strategic Strait of Hormuz has triggered global oil prices, keeping international markets on edge.
Tensions in the Middle East have escalated as the US Central Command launched strikes against Iran. This response follows Iranian attacks on three commercial vessels, including a Saudi oil tanker, in the strategic Strait of Hormuz. Washington has also reimposed economic sanctions, threatening global energy supplies.
Alfredo S. Quiroga
