Flux Markets | Either/Or Skip to main content

Either/Or

Iran war risk lifts Dubai crude oil spreads; physical tight, Brent/Dubai volatile with mixed flow, near-term buying strong
Published: April 7, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Share

The Middle Eastern conflict has officially entered its sixth week with little material evidence of a near-term de-escalation.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

Donna Dong

Research Analyst, Flux
Donna Dong

Related News

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.

Feeling The Pressure

Dated Brent stays under pressure as buy-side remains absent. CFDs sold heavily, while paper rallies faded after short covering.

Brent rallies to $86.90

US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.

Reversals (almost) all around!

Bullish strength and momentum in all but RBOB
9 page report