'Vibes all the way down': Iran’s swipe at US comes with oil market warning amid Hormuz tensions

Iran's parliament speaker has warned that energy pricing is driven by sentiment rather than fundamentals due to tensions around the Strait of Hormuz. He described "vibe-trading digital crude oil prices" as fragile, drawing a contrast with oil prices which have a benchmark, Dated Brent. Iran's leadership links market instability to Western pressure on its oil exports, warning that sanctions must be lifted for global fuel prices to stabilise.