Oil and Gold Markets Swing on US-Iran Hormuz Tensions

에너지/원자재 | Tue Jun 30 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 8 sources

Oil prices held gains and gold fell as Iran's attempts to control the Strait of Hormuz coincided with renewed US-Iran negotiations, while debate intensified over refiner pricing.

Analysis

[International Oil Prices] held gains ahead of US-Iran Doha talks ^[1]

Negotiations to end the four-month war set to resume
Mixed signals between Washington and Tehran
Iran's attempt to control the Strait of Hormuz

[Persian Gulf Oil Producers] pushed ahead with crude and LNG loadings despite vessel attacks ^[7]

Two merchant ships attacked in the Strait of Hormuz
Loadings continue despite renewed US-Iran tensions
Maritime shipping traffic maintained

[Gold] declined on US-Iran agreement to halt mutual attacks ^[3]

Both sides agreed to stop retaliatory strikes
Fragile ceasefire maintained
Expectations of easing global inflationary pressure

[JPMorgan] saw weak demand for $775 million loan to Trump-backed driller ^[2]

Investors balked despite 15% high-yield terms
Loan targeted at oil driller backed by the Trump administration
Reflects market caution toward high-risk energy financing

[Chevron / US Refining Majors] drew attention over stalled oil prices and pricing dispute ^[4]^[5]^[6]

Chevron CFO explained why gasoline prices remain sticky
Trump accused Exxon
Chevron
Shell
and BP of price gouging
Suggested an appropriate pump price of $2.25

[Contango Silver and Gold] settled Lucky Shot milestone and secured cash from Peak Gold JV ^[8]

Settled a $18.75 million milestone payment
Agreed to $5 million in cash and 100
000 common shares
Secured $9 million from the Peak Gold JV

Oil and Gold Markets Swing on US-Iran Hormuz Tensions

Analysis

Sources