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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
Commodity Desk
September 11, 2026• 4 min read
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Brent Crude Surges Toward $100 as US-Iran Escalation Hits Tanker Routes
Image representation of brent crude surges toward $100 as us-iran escalation hits tanker routes

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.

#Business#News#Update
Commodity Desk

About Commodity Desk

Commodity Desk is a senior correspondent at Greenline News covering business and related global events.

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Comments (2)

JD
John Doe2 hours ago

Excellent reporting on this issue. It's crucial that we stay informed about these developments.

AS
Alice Smith5 hours ago

I wonder how this will affect the local communities in the long run. Would love to see a follow-up article.