[MARKET ANALYSIS] Oil prices gained as US conducted a sixth consecutive night of strikes on Iran, targeting infrastructure, including an airport, railway station and bridges
Oil prices gained as the US targeted Iranian infrastructure in a sixth night of strikes. The escalation follows a collapsed peace deal and renewed naval blockades in the Strait of Hormuz.
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WTI/Brent: WTI Aug'26 +1.2% / Brent Sep'26 +1.0%Oil prices gained overnight following the prior day's choppy performance and as the US continued its strikes on Iran for the 6th consecutive evening, in which it targeted Iranian infrastructure, including an airport, railway station and bridges.Gold: +0.3%Attempts to nurse losses after recently slipping beneath the USD 4,000/oz level alongside a firmer buck.Copper: -1.4%Extended on yesterday's declines amid the negative risk appetite and tech sell-off.
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