Brent bias flipped 8 times to neutral on August 30, 2026
Recent headlines report US strikes on Iranian rocket launchers near the Strait of Hormuz and Iranian claims of full control over the strait, alongside a tanker incident off Oman and reports of vessels being denied passage. These developments heighten concerns about potential disruptions to oil shipments through a critical chokepoint, which is directly relevant for Brent crude prices.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 8 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 19:39Bullish
- 21:15Weak bullish
- 21:31Neutral
- 21:47Bullish
- 22:03Neutral
- 23:11Bullish
- 23:32Weak bullish
- 23:48Neutral
Headlines (16)
First seen on August 30
- Mapping the Iran war’s strikes on Gulf energy – and what comes next for oilAl Jazeera
- Iran’s Khamenei calls for Gulf unity as Hormuz tensions persistAl Jazeera
- 30 vessels not let pass through Strait of Hormuz without Iran’s permit in past weekTASS
- Tanker struck by projectile off Oman — UKMTOTASS
- US struck two Iranian launchers spotted preparing to fire at Strait of Hormuz, source tells 'Post'jpost.com
- US strikes Iran’s Lark Island in first attack in weeksAl Jazeera
- US launches first strike on Iran in weeks as it hits rocket launchersFinancial Times
Carried over from earlier days
- Trump says Iran is 'in deep trouble' as US maintains blockade of Strait of Hormuzjpost.com
- Ship traffic along Strait of Hormuz remains heavily suppressedInvestingLive
- Pipelines and Ports: Iran War Spurs Gulf Infrastructure Investmentgcaptain.com
- Gulf Oil Exports Rebound Despite Iran WarOilPrice.com
- Trump says U.S. now has control over 65 billion barrels of Venezuelan oil reservescbsnews.com
- Iran war live: IRGC asserts strait control, US enforces blockadeAl Jazeera
- IRGC Navy says it has 'full control' over Strait of Hormuzhaaretz.com
- How Much Gas Prices Have Risen Since The Iran WarZeroHedge
- Iran's Ghalibaf Declares Persian Gulf Oil Flows For 'All Or None'ZeroHedge
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 31 | ||
| Non-Manufacturing PMI | 49.5 | CNY |
| Manufacturing PMI | 49.5 | CNY |
| Tuesday, September 1 | ||
| RatingDog Manufacturing PMI | 51.5 | CNY |
| Manufacturing PMI | CAD | |
| Wednesday, September 2 | ||
| BOC Rate Statement | CAD | |
| Overnight Rate | 2.25% | CAD |
| Crude Oil Inventories | USD | |
| BOC Press Conference | CAD | |