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Oil prices increased on September 7, 2026, following strikes between the U.S. and Iran in the Strait of Hormuz, raising concerns about supply disruptions. Brent crude futures rose to $96.80 a barrel, while U.S. West Texas Intermediate crude reached $92.14 a barrel. Analysts expect exports to remain constrained through 2026 due to ongoing tensions.
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Oil prices increased on September 7, 2026, following strikes between the U.S. and Iran in the Strait of Hormuz, raising concerns about supply disruptions. Brent crude futures rose to $96.80 a barrel, while U.S. West Texas Intermediate crude reached $92.14 a barrel. Analysts expect exports to remain constrained through 2026 due to ongoing tensions.
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