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Middle Eastern Crude Prices Hit Highest Level Since March as Supply Squeeze Intensifies

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Middle Eastern crude spot premiums for Dubai and Oman doubled as US-Iran conflict chokes Strait of Hormuz flows, pushing Brent above $100 per

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The oil prices operate in decline, after two days of steady gains, pressed by the valorization of the dollar. The quotations, however, remain close to the maximum of four months, while the supply risks follow elevated in view of the problems in the operation of the East-West pipeline in Saudi Arabia, and of the threat of Tehran to apprehend ships. At around 8:20 am, at Intercontinental Exchange (ICE), Brent oil for delivery in November fell 1.39…

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London, 15 Sep (EFECOM).- The price of the barrel of Brent for delivery in November rose by 2.90 % this Tuesday, to 108.75 dollars in the futures market of London, its highest price in almost four months. The tensions in the Middle East, where the closure of the Strait of Ormuz is complicated [...] The entry Brent closes to 108.75 dollars, its highest price in almost four months was first published in HolaNews.

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Middle Eastern crude prices hit highest level since March as supply squeeze intensifies

Middle Eastern crude spot premiums for Dubai and Oman doubled as US-Iran conflict chokes Strait of Hormuz flows, pushing Brent above $100 per

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New York, September 16, 2026 / Oil prices rose by about three dollars at settlement on Tuesday, driven by growing supply concerns and uncertainty surrounding the reopening of the Strait of Hormuz. Gains in U.S. West Texas Intermediate (WTI) crude futures outperformed Brent crude as worries about widening supply problems in the Middle East prompted investors to seek U.S. crude as an alternative. Brent crude futures settled up $3.07, or 2.9 percen…

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Hola News broke the news on Tuesday, September 15, 2026.
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