Crude Oil Soars $3 as Hormuz Disruptions Threaten Global Supply

Oil settles $3 higher on attacks on Saudi energy sites, Strait of Hormuz disruptions

Trade was volatile, with crude selling off early and then rebounding

Brent Crude $95 After 3.3% Jump: Bull $98, Bear $92

Updated 13 November 2026, 07:00 GMT. Brent crude futures were at $95.41 early on Friday, down 1 cent, after settling Thursday at $95.82, up $3.06 or 3.3 percent, on Houthi claims of attacks on Saudi oil sites and Iranian reports of tanker explosions in the Strait of Hormuz (Reuters). Verdict: Thursday put a risk premium back into the price, but Brent is still on track for a second weekly fall, and US producer prices land at 13:30 GMT today. Refe…

Crude Oil Soars $3 as Hormuz Disruptions Threaten Global Supply

By Adedapo Adesanya Crude oil jumped by $3 on Thursday after attacks on Saudi energy infrastructure escalated and shipping disruptions through the Strait of Hormuz threatened global oil flows. Brent futures settled at $95.82 a barrel, up $3.06 or 3.3 per cent, while US West Texas Intermediate (WTI) crude closed at $88.74 a barrel, up […]

Oil Prices Climb 3.3% as Brent Nears $96

Oil prices ended Thursday's trading session higher, with Brent crude futures approaching $96 per barrel as mounting geopolitical tensions between the United States and Iran heightened concerns over potential disruptions to global energy supplies.

Saudi Aramco Attack Raises Global Oil Supply Fears: Brent And WTI Rally; Will Crude Prices Cross $100? What’s Next?

Brent and WTI crude oil prices rally amid Houthi attacks on Saudi energy facilities and rising global supply concerns, raising the possibility of Brent crossing $100 per barrel.