Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices rise after US signals indefinite naval blockade on Iranian ports

Market News
14 Aug 2026
CNBC
View Source
Bullish
Oil prices rise after US signals indefinite naval blockade on Iranian ports

Oil prices climbed early Friday following US statements that its naval blockade of Iranian ports could continue indefinitely, raising concerns about energy supply through the Strait of Hormuz. Brent crude rose nearly 1% to $87.91 per barrel, and US West Texas Intermediate crude increased over 1% to $82.13. The move comes after US officials warned of unprecedented economic measures against Iran and reports of Iranian attacks on UAE oil vessels. Despite a recent dip, oil prices are still on track for weekly gains amid global demand uncertainties and geopolitical tensions.

More News

T2 Metals hires AI firm Geomorphic to enhance copper exploration at Cora Project in Arizona.

T2 Metals hires AI firm Geomorphic to enhance copper exploration at Cora Project in Arizona.

T2 Metals Corp. has engaged Geomorphic AI to conduct an AI-supported review of drill targets at its 100%-owned Cora Copper Project in Arizona, a region known for significant copper deposits. The project lies near major copper mines and has historical...

Market News
Bullish
4 hours ago
Inflection completes 92 drill holes at Trangie, advances geophysical surveys at Endurance for gold-copper exploration

Inflection completes 92 drill holes at Trangie, advances geophysical surveys at Endurance for gold-copper exploration

Inflection Resources has finished 92 air core drill holes totaling 16,434 meters at its Trangie Project in New South Wales, revealing promising signs of gold-copper mineralization. The company also completed a gravity survey and started an IP-MT geop...

Market News
Bullish
4 hours ago
VIAVI unveils advanced data center testing tech for AI and quantum networks at ECOC 2026.

VIAVI unveils advanced data center testing tech for AI and quantum networks at ECOC 2026.

VIAVI Solutions will showcase its comprehensive data center testing portfolio at ECOC 2026 in Malaga, Spain, highlighting innovations in silicon photonics, co-packaged optics, and AI fabric validation. Their new products address the growing complexit...

Market News
Bullish
4 hours ago
CGI acquires Callibrity to boost AI and digital services in Cincinnati market.

CGI acquires Callibrity to boost AI and digital services in Cincinnati market.

CGI, a major global technology and professional services firm, has acquired Callibrity, a Cincinnati-based technology consulting company, to enhance its capabilities in enterprise AI, platform engineering, and digital product development. The acquisi...

Company Fundamentals
Bullish
4 hours ago
Health In Tech named among top 100 U.S. mid-market companies for innovation and sustainability

Health In Tech named among top 100 U.S. mid-market companies for innovation and sustainability

Health In Tech, an AI-driven InsurTech platform, was recognized by Newsweek as one of America's Greatest Mid-Market Companies 2026. The company ranked among the top 100 out of approximately 4,300 U.S. public mid-market firms based on financial streng...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App