{"id":760234,"date":"2026-09-04T23:44:16","date_gmt":"2026-09-04T23:44:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/760234\/"},"modified":"2026-09-04T23:44:16","modified_gmt":"2026-09-04T23:44:16","slug":"oil-climbs-on-reports-of-iran-ballistic-missile-launches","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/760234\/","title":{"rendered":"Oil climbs on reports of Iran ballistic missile launches"},"content":{"rendered":"<p>WTI crude oil futures have reversed higher today on reports of Iranian ballistic missile launches.<\/p>\n<p>Iran said it was moving to a pre-emptive doctrine and now we&#8217;re seeing increasing signs of it as they struggle to disrupt shipping in the Strait of Hormuz.<\/p>\n<p>On Aug 26, WTI was as low as $79 but now it&#8217;s back over $90.<\/p>\n<p>In other war news, some of the weight on oil earlier was on a <a class=\"article-link\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-09-04\/witkoff-and-kushner-to-visit-moscow-kyiv-sept-5-6-tass-says?utm_source=website&amp;utm_medium=share&amp;utm_campaign=twitter\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">report <\/a>that Kushner and Witkoff will visit Moscow and Kyiv this weekend in a renewed push for peace negotiations. They have visited Russia multiple times but it would be their first visit to Kyiv since the start of Russia\u2019s 2022 invasion.<\/p>\n<p>Ukrainian Foreign Minister Andrii Sybiha also told reporters on Thursday that he saw a \u201cnew dynamic\u201d coming in peace efforts<\/p>\n","protected":false},"excerpt":{"rendered":"WTI crude oil futures have reversed higher today on reports of Iranian ballistic missile launches. Iran said it&hellip;\n","protected":false},"author":2,"featured_media":760235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-760234","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/760234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=760234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/760234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/760235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=760234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=760234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=760234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}