Brent Surpasses US$100 Mark as ME Tensions Surge

published:10/09/2026 03:57 GMT

Benchmark Brent crude oil futures rose past US$100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24 as intensifying conflict in the Middle East heightened concerns about oil flows from the region. Brent crude futures were up US$2.01, or 2.05%, at US$99.93 a barrel by 0802 GMT, after earlier touching US$100.19, while U.S. West Texas Intermediate crude was up US$1.49, or 1.60%, at US$94.52 a barrel. Brent crude prices...More