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Oil Rises as Risks of Prolonged Mideast Conflict Fan Supply Worries

Brent and West Texas Intermediate rose as Iran threatened retaliation and shipping through the Strait of Hormuz slowed, raising supply disruption fears.

Brent crude futures rise 49 cents, or 0.5%, to $97.49 a barrel

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Oil rises as risks of prolonged Mideast conflict fan supply worries

Brent crude futures rise 49 cents, or 0.5%, to $97.49 a barrel

·Karachi, Pakistan
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The Brent oil rose to $98.65, and analysts warn that the supply from the Persian Gulf may remain limited until 2027.

·Romania
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Brent at $97.34 and WTI at $92.63 – Concerns about global energy supply

Oil prices continue their upward march on international markets as escalating tensions in the Middle East bring to the fore concerns about potential disruptions in global crude supply. Brent crude futures were up 34 cents, or 0.35%, at $97.34 a barrel at 00:00 GMT. [...]

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ΑΘΗΝΑ 9,84 broke the news on Tuesday, September 8, 2026.
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