{"id":24201,"date":"2026-02-11T11:42:15","date_gmt":"2026-02-11T11:42:15","guid":{"rendered":"https:\/\/diyhaven858.wasmer.app\/index.php\/oil-drifts-lower-as-traders-weigh-supply-risks-amid-u-s-iran-tensions\/"},"modified":"2026-02-11T11:42:15","modified_gmt":"2026-02-11T11:42:15","slug":"oil-drifts-lower-as-traders-weigh-supply-risks-amid-u-s-iran-tensions","status":"publish","type":"post","link":"https:\/\/diyhaven858.wasmer.app\/index.php\/oil-drifts-lower-as-traders-weigh-supply-risks-amid-u-s-iran-tensions\/","title":{"rendered":"Oil drifts lower as traders weigh supply risks amid U.S.\u2013Iran tensions"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Feb 10 (Reuters) &#8211; Oil prices eased slightly on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the \u200bStrait of Hormuz kept attention squarely on tensions between Washington and Tehran.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Brent \u200ccrude oil futures were down 25 cents, or 0.4%, at $68.79 a barrel by 0102 GMT. U.S. West \u200cTexas Intermediate crude fell 23 cents, or 0.4%, to $64.13.<!-- HTML_TAG_END --><\/p>\n<p> <iframe loading=\"lazy\" title=\"CDS Widget\" src=\"https:\/\/templates.cds.yahoo.com\/remote\/widget?campaignId=f29d9636-839a-47b1-b30b-2c5d57501dc4&amp;lineItemId=44fc9657-ef9b-4b1c-af68-6ddd597c9599&amp;site=finance&amp;contentId=9810741d-ae64-36d5-b96b-6fd3c88bcb63&amp;spaceId=1183300100&amp;providerId=reuters.com\" scrolling=\"no\" height=\"0\" data-testid=\"iframe-with-resizer\" class=\"yf-16wd5dt\"><\/iframe> <\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->That&#8217;s after prices rose more than 1% on Monday, when the U.S. Department of Transportation&#8217;s Maritime Administration advised U.S.-flagged commercial vessels to stay as far from Iran\u2019s territorial waters as possible and to verbally decline Iranian \u2060forces permission to board if \u200casked.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->About a fifth of the oil consumed globally passes through the Strait of Hormuz between Oman and Iran, making any escalation in \u200dthe area a major risk to global oil supplies.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Iran along with fellow OPEC members Saudi Arabia, the United Arab Emirates, Kuwait, and Iraq export most of their crude via the strait, \u200bmainly to Asia.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The guidance was issued despite Iran&#8217;s top diplomat saying last week \u200cthat Oman-mediated nuclear talks with the U.S. were off to a &#8220;good start&#8221; and set to continue.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->&#8220;While talks in Oman produced a cautiously positive tone, lingering uncertainty over potential escalation, sanctions tightening, or supply disruptions in the Strait of Hormuz has kept a modest risk premium intact,&#8221; Tony Sycamore, an analyst at IG, wrote in a client note.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Meanwhile, \u2060the European Union has proposed extending its sanctions \u200bagainst Russia to include ports in Georgia and \u200bIndonesia that handle Russian oil, the first time the bloc would target ports in third countries, according to a proposal document reviewed by \u200dReuters.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->The move is part \u2060of efforts to tighten sanctions on Russian oil, a key source of revenue for Moscow, over the war in Ukraine.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->Indian Oil Corp bought six million \u2060barrels of crude from West Africa and the Middle East, traders said, as the Asian country steered \u200cclear of Russian oil in New Delhi&#8217;s push for a trade deal \u200cwith Washington.<!-- HTML_TAG_END --><\/p>\n<p class=\"yf-vbsvxt\"><!-- HTML_TAG_START -->(Reporting by Anushree Mukherjee in Bengaluru)<!-- HTML_TAG_END --><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Feb 10 (Reuters) &#8211; Oil prices eased slightly on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the \u200bStrait of Hormuz kept attention squarely on tensions between Washington and Tehran. Brent \u200ccrude oil futures were down 25 cents, or 0.4%, at $68.79 a barrel by 0102 GMT. U.S. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[10],"tags":[215,216,223,2812],"class_list":["post-24201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-iran","tag-oil-prices","tag-strait-of-hormuz","tag-u-s-department-of-transportation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/diyhaven858.wasmer.app\/wp-content\/uploads\/2026\/02\/c88163242f6174cacddf54f117d02e54.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/24201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/comments?post=24201"}],"version-history":[{"count":0,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/posts\/24201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media\/24202"}],"wp:attachment":[{"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/media?parent=24201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/categories?post=24201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/diyhaven858.wasmer.app\/index.php\/wp-json\/wp\/v2\/tags?post=24201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}