Skip to main content
TradingNews

Market news

Oil Surges Past $100 as Iran Tensions Threaten Strait of Hormuz Supply

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Crude oil rose past $100 as WTI and Brent gained on reports of Iran downing a US drone near the Strait of Hormuz.
  • Despite the commodity surge and geopolitical supply concerns, energy equities fell, while Chevron and global producers moved to lock in long-term LNG supply contracts.
Explore BRENT price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

BRENT price history

100.96 +55.51% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open BRENT advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure