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Oil Prices Cross $100 Again: Strait Of Hormuz Crisis Sparks Fresh Oil Shock

Times Now · WorldNews · 2026-09-10

Oil Prices Cross $100 Again: Strait Of Hormuz Crisis Sparks Fresh Oil Shock

Oil prices remained above the $100-a-barrel mark on Thursday as markets grappled with the possibility of a prolonged disruption to crude supplies from the Middle East. Brent crude pushed higher after a sharp rally in the previous session, with traders closely monitoring escalating attacks involving Iran, the United States and commercial shipping around the Strait of Hormuz. The latest developments have intensified concerns over the flow of energy supplies through the strategic waterway.

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