Brent crude tops $100 as U.S.-Iran tit-for-tat strikes stoke oil supply worries

Oil prices extended gains on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies. Oil prices rose on Wednesday, with international benchmark Brent crude futures crossing the $100 threshold for the first time since July, as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies [1].

Sources

1. cnbc.com · Brent crude tops $100 as U.S.-Iran tit-for-tat strikes stoke oil supply worries Sep 9, 2026

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