US-Iran War & Oil Markets: A Complete Trader's Guide 2026
Brent crude has traded near $95–100/bbl on US-Iran escalation headlines, with WTI touching above $92/bbl in key conflict sessions in 2026. The Strait of Hormuz is the critical tail-risk lever: a sustained blockade would represent a step-change to triple-digit oil and global stagflation. Markets are pricing a 'rolling crisis' premium rather than full-scale war — oil spikes on headlines then partially mean-reverts as diplomacy resurfaces. Equity indices are bifurcated: energy and defense outperform while rate-sensitive and small-cap indices suffer when oil-driven inflation fears push yields higher. CoinUnited's 24/7 commodity CFDs allow traders to capture oil moves the moment strikes, ceasefires, or Hormuz news hits — without waiting for exchange open.