{"id":44206,"date":"2026-08-31T12:21:45","date_gmt":"2026-08-31T10:21:45","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=44206"},"modified":"2026-08-31T12:21:45","modified_gmt":"2026-08-31T10:21:45","slug":"oil-rises-as-us-iran-resume-military-attacks","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/oil-rises-as-us-iran-resume-military-attacks\/","title":{"rendered":"Oil rises as US, Iran resume military attacks"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">Oil prices were trading nearly 2% higher on Monday after the United States (US) attacked \u200can Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as their conflict extended into its sixth month.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Brent crude futures climbed $1.77, or 2%, to $89.87 a barrel while US West Texas Intermediate crude was at $84.85, up $1.45, or 1.74%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">US forces \u200bstruck two launchers on Iran&#8217;s Larak Island in the Strait of Hormuz on Sunday, the first known American \u200bstrikes on the country since late July.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">In response, Iran attacked two US air bases in \u2060Jordan, Iranian media reported on Monday, citing Iran&#8217;s Revolutionary Guards.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">US President Donald Trump said in a brief social media post \u200bon Sunday that Iran&#8217;s energy hub of Kharg Island was being &#8220;blown to smithereens&#8221;, but there was no evidence that \u200bthe island was under attack and the post, accompanied by an AI-generated clip, contained no further details.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Iran denied the attack on the island, adding that oil operations continued.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">Negotiations to end the conflict are at an impasse while mediators work to reopen the Strait of \u200bHormuz, through which a fifth of the world&#8217;s oil flowed before the war began at the end of \u200bFebruary.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":16416,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-44206","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Oil prices were trading nearly 2% higher on Monday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44206\/revisions"}],"predecessor-version":[{"id":44207,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/44206\/revisions\/44207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/16416"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=44206"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=44206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}