Iranian tanker tolls: totally legit after all?

Around 3 August 2026, oil prices fell by nearly 5% after the US announced new talks with Iran, with markets hoping for a peace deal. The yen strengthened after intervention, and the rand gained. Gold rose as oil and the dollar fell after Trump halted an attack on Iran.

Trump pressed Big Oil over the Iran war, saying the companies are 'making too much money' and 'ought to give some of that back'. The Financial Times asked whether Iranian tanker tolls are legitimate after all, and Frankfurter Allgemeine looked at why an oil supply crisis did not materialize despite the war.