Crude Oil Prices Top $101/barrel as Iran-US Conflict Persists in Strait of Hormuz
33 Articles
33 Articles
The price of Brent crude oil increased over 100 dollars per barrel on Wednesday and remained high on Thursday morning. New attacks on shipping in the area of the Strait of Hormus were triggered. Since mid-February, Brent has been continuously over 70 dollars and thus for almost seven months. Compared to the end of 2025, when the price closed at 60.85 dollars, this corresponds to an increase of 65.7%.
This article is from Cedarnews.net. To learn more about the latest news and developments, visit our website. [Breaking News] US crude oil futures price breaks through $100 per barrel US crude oil futures price breaks through $100 per barrel (New York Jiji) NY crude oil surges, back above $100 for the first time in three and a half months due to heightened tensions in the Middle East The European Central Bank, This article is from Cedarnews.net ا…
Crude oil prices top $101/barrel as Iran-US conflict persists in Strait of Hormuz
Crude oil prices rose significantly to above $101 per barrel on Thursday as the United States and Iran sustained attacks on ships in the Strait of Hormuz, Gulf region. An oil market survey showed that Brent and West Texas Intermediate, WTI crude blends rose to $102.30 and $97.52 per barrel, respectively, on Thursday. This means that, on a day-to-day basis, Brent and WTI rose by 1.05 per cent and 1.53 per cent, respectively, as attacks intensifie…
Prices of energy products continued to rise as the war between the U.S. and Iran showed no signs of ending. Contracts for Brent oil reached $102.3 per barrel, up 1.1 percent, while West Texas Intermediate (WTI) oil stood at $97.5 per barrel, up 1.5 percent.Prices also natural gas prices marked upward trends, with the EU gas index rising by 2,4 percent, surpassing 81 euros ($94,2) and reaching the highest level since the end of 2022. Yesterday, U…
Brent crude oil prices rose to $102.09 per barrel as the conflict between the US and Iran threatened oil flows through the Strait of Hormuz. The price reached its highest level this year since May.
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