Why Oil Prices Hover Near $100 Despite Iran's War: China's Stocks and Europe's Restraint
4 Articles
4 Articles
Global oil prices have once again crossed the $100 mark as tensions in the Middle East escalate.
Why Oil Prices Hover Near $100 Despite Iran's War: China's Stocks and Europe's Restraint
Oil prices sit near triple digits. Brent crude trades around $100 to $106 a barrel in mid-September 2026. Yet the worst fears have not materialized. Six months into the U.S.-Israeli conflict with Iran, the Strait of Hormuz remains a dangerous choke point. Tanker attacks continue. Roughly 10 million barrels per day of supply stay disrupted. Markets anticipated far higher prices. They haven’t arrived. Why? Demand destruction tells much of the stor…
The price of oil was falling on Monday (21) despite the confrontation between houthis, group of Yemen ally of Iran, and Saudi Arabia's forces gained intensity on the weekend, and the peace negotiations between Iranians and Americans continued to stagnate. Read more (09/21/2026
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