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Business

Brent Crude Surges Toward $100 as US-Iran Escalation Hits Tanker Routes

Crude touches $99.50 a barrel following strikes near Kharg Island, heightening supply choke fears across the vital Strait of Hormuz.

Commodity Desk

September 11, 2026• 4 min read

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Brent Crude Surges Toward $100 as US-Iran Escalation Hits Tanker Routes - Greenline News

London / Dubai: Brent crude climbed 1.6% to $99.50 a barrel after strikes near Iran's Kharg Island, intensifying risks of logistical disruptions across the Strait of Hormuz.