{"id":77292,"date":"2026-08-18T18:36:36","date_gmt":"2026-08-18T18:36:36","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/18\/crude-oil-advances-as-u-s-iran-faceoff-deepens-leaving-strait-of-hormuz-to-remain-shut\/"},"modified":"2026-08-18T18:36:36","modified_gmt":"2026-08-18T18:36:36","slug":"crude-oil-advances-as-u-s-iran-faceoff-deepens-leaving-strait-of-hormuz-to-remain-shut","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/18\/crude-oil-advances-as-u-s-iran-faceoff-deepens-leaving-strait-of-hormuz-to-remain-shut\/","title":{"rendered":"Crude Oil Advances As U.S.-Iran Faceoff Deepens Leaving Strait Of Hormuz To Remain Shut"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Adding to the two previous sessions of gains, crude oil prices have edged higher on Tuesday as expectations of U.S.-Iran talks over the Strait of Hormuz reopening faded after U.S. President Donald Trump announced that no negotiations with Iran are underway and none are scheduled either.  With both the U.S. and Iran asserting control over Strait of Hormuz, shipping traffic has fallen drastically, rekindling supply concerns.<\/p>\n<p class=\"fade-paragraph\">WTI Crude Oil for September month delivery was last seen trading up by $0.39 (or 0.46%) at $84.89 per barrel.<\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.<\/p>\n<p>Start Free Trial<\/p>\n<p>FREE 7-Day Trial &#8211; No Payment Required<\/p>\n<\/div>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Crude Oil Advances As U.S.-Iran Faceoff Deepens Leaving Strait Of Hormuz To Remain Shut<\/a><br \/>\n<br \/>2026-08-18 18:36:36<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adding to the two previous sessions of gains, crude oil prices have edged higher on Tuesday as expectations of U.S.-Iran talks over the Strait of Hormuz reopening faded after U.S&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":77293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-77292","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=77292"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/77292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/77293"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=77292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=77292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=77292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}