September 1, 2026
Brent crude held above $91 a barrel and WTI above $86 on 1 September as renewed US-Iran fighting revived fears of supply disruption through the Strait of Hormuz — the chokepoint most of Pakistan's imported crude passes through.
August 31, 2026
Brent crude rose 2.85% to $90.61 a barrel on Monday after US forces struck Iranian launchers on Larak Island inside the Strait of Hormuz, putting a fragile recovery in Gulf oil flows back at risk.
August 27, 2026
Brent fell to $87.24 and WTI to $81.67 as Iran and Oman work to finalise an agreement on managing the Strait of Hormuz, where flows have slipped to about a quarter of pre-war levels.
Listen to the article Oil prices rose more than 9% on Friday, hitting the highest in nearly five months after Israel’s attack on Iran, dramatically escalating tensions in the Middle East and increasing concerns about disturbed oil benefits. Brent Flutes Futures rose $ 6.29, or 9.07%, to $ 75.65 a barrel by 0315 GMT after a $ 78.50 in -house, highest than January 27th. Friday’s profits were the biggest intra -intercourse for the two contracts since 2022, after Russia invaded Ukraine, causing the energy prices to spark. Said Israel He targeted Iran’s nuclear facilities, ballistic missile factories and military commanders
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