{"id":2953,"date":"2026-07-10T21:17:23","date_gmt":"2026-07-10T18:17:23","guid":{"rendered":"https:\/\/zalebs.com\/news\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\/"},"modified":"2026-07-10T21:17:23","modified_gmt":"2026-07-10T18:17:23","slug":"oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\/","title":{"rendered":"Oil Prices Slide as US-Iran Escalation Spurs Supply Disruption Fears"},"content":{"rendered":"<p>Global crude oil prices fell even as renewed fighting between the United States and Iran boosted concerns about supply disruptions. Market checks reported that Brent crude and West Texas Intermediate (WTI) both eased by about 2%, with Brent down to $76 per barrel from $77 and WTI slipping to $71 per barrel from $73 at the time of reporting.<\/p>\n<h2>Timeline of the US-Iran escalation and oil-market reaction<\/h2>\n<ol>\n<li>Earlier in the week, US President Donald Trump announced an end to a ceasefire with Iran, a move that helped trigger a jump in crude prices on Wednesday.<\/li>\n<li>On Wednesday, the US, led by Trump, carried out new lethal airstrikes targeting Iran.<\/li>\n<li>In response, Iran launched a retaliatory strike that hit US allies including Bahrain, Kuwait, and Qatar.<\/li>\n<li>By Thursday, oil prices showed a partial unwind, with Brent and WTI both trading lower than the levels seen before the Wednesday spike.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Global crude oil prices fell even as renewed fighting between the United States and Iran boosted concerns about supply disruptions. Market checks reported that Brent crude and West Texas Intermediate (WTI) both eased by about 2%, with Brent down to $76 per barrel from $77 and WTI slipping to $71 per barrel from $73 at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Oil Prices Slip as US-Iran Escalation Raises Supply Risk","_yoast_wpseo_metadesc":"Oil prices fall as US-Iran tensions flare, raising fears of supply disruption. Brent and WTI slip about 2% amid cautious market se","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2953","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oil Prices Slip as US-Iran Escalation Raises Supply Risk<\/title>\n<meta name=\"description\" content=\"Oil prices fall as US-Iran tensions flare, raising fears of supply disruption. 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Brent and WTI slip about 2% amid cautious market se\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zalebs.com\/news\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\/\" \/>\n<meta property=\"og:site_name\" content=\"Zalebs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZAlebs\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-10T18:17:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zalebs.com\/news\/wp-content\/uploads\/2026\/07\/iran-global-crude-oil-prices-675f.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1144\" \/>\n\t<meta property=\"og:image:height\" content=\"697\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Zibuyile Dladla\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Zalebs\" \/>\n<meta name=\"twitter:site\" content=\"@Zalebs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zibuyile Dladla\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/\"},\"author\":{\"name\":\"Zibuyile Dladla\",\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/#\\\/schema\\\/person\\\/6da1a9a659a2b9fb37587bf050637d1e\"},\"headline\":\"Oil Prices Slide as US-Iran Escalation Spurs Supply Disruption Fears\",\"datePublished\":\"2026-07-10T18:17:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/\"},\"wordCount\":153,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zalebs.com\\\/news\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/iran-global-crude-oil-prices-675f.webp\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/\",\"url\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/\",\"name\":\"Oil Prices Slip as US-Iran Escalation Raises Supply Risk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/zalebs.com\\\/news\\\/oil-prices-slide-as-us-iran-escalation-spurs-supply-disruption-fears\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zalebs.com\\\/news\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/iran-global-crude-oil-prices-675f.webp\",\"datePublished\":\"2026-07-10T18:17:23+00:00\",\"description\":\"Oil prices fall as US-Iran tensions flare, raising fears of supply disruption. 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