1:51 PM · 31 August 2026

Hostility in the Gulf is pushes oil & gas up🔥

On the night of 31 August, the US carried out strikes on two Iranian missile positions on Larak Island, right by the Strait of Hormuz. This is the first such escalation since the beginning of August. Iran retaliated by striking US air bases in Jordan.

The weekend exchange of fire between Iran and the US is fueling concern and supporting oil and gas prices. The rise is particularly visible in European gas and Brent crude.

  • NATGAS.EU up about 5%
  • OIL and OIL.WTI up about 3%

OIL (D1)

 

Brent is returning to the level of USD 90 per barrel.

Looking at the RSI [14] chart, it can be observed that volatility remains well below the levels seen at the recent peaks from March to July. Source: xStation5

NATGAS.EU (D1)

 

Gains in European gas are being supported even more, because disruption in the strait additionally coincides with concerns about gas storage levels in Europe ahead of winter. Source: xStation5

31 August 2026, 2:37 PM

US OPEN: Market Cornered After Jackson Hole

31 August 2026, 9:51 AM

Chart of the Day: Middle East escalation boosts oil prices (31.08.2026)

27 August 2026, 7:10 PM

Daily Summary: Nvidia drives the Nasdaq 100 up 1.3% (27.08.2026)

27 August 2026, 1:50 PM

Rising Natgas Prices: Winter Outlook

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits