Brent crude surpasses $100 per barrel amid Middle East tensions
The price of Brent crude oil rose to nearly $103 per barrel.
Consensus
- Prices for Brent crude oil rose above $101 per barrel on the ICE Futures exchange.
- The price increase was driven by escalating tensions in the Middle East.
- The Strait of Hormuz is a key area of concern, with Iranian military actions and threats affecting shipping.
- U.S. and Iranian hostilities contributed to market volatility.
- Houthi attacks on Saudi Arabia have increased pressure on oil supply routes.
- The price of Brent crude has risen significantly since mid-August.
- Markets are reacting to the risk of disrupted oil supplies from the Middle East.
Points of divergence
- Brent reached $102.71 per barrel at its peak on 9 September, the highest since 22 May. — vedomosti
- Brent briefly exceeded $100.19 per barrel on 9 September, marking the first time since 24 July. — vm
- Brent reached $101.1 per barrel at one point on 9 September. — kommersant
- On 9 September, Brent rose to $101.21 per barrel, the highest since 22 May. — interfax
- Brent reached $96.21 per barrel by Friday, with a weekly gain of 9.2%. — rimao
- December Brent futures reached $91.27 per barrel on 1 September. — vesti
- Brent surpassed the $100 mark for the first time since late July. — tg_rian_ru
- Brent exceeded $92 per barrel for the first time since 30 July. — tg_tass_agency
- Iran claimed to have attacked two U.S. ships, eight tankers, and ten violators near the Strait of Hormuz on the night of 9 September. — interfax
- Iran's Revolutionary Guard conducted attacks on two U.S. ships, eight tankers and ten violators in the Strait of Hormuz. — vm
- Iran announced a sanctions zone in the Strait of Hormuz starting near Chabahar and extending into the Gulf of Oman and Arabian Sea. — interfax
- Iran declared a sanctions zone in the Strait of Hormuz, banning any maritime, insurance, or support services for vessels passing through. — vedomosti
Coverage (20 sources)
- Brent oil price fell to $106.52 per barrel — Интерфакс
- Brent price on ICE exchange exceeded $109 per barrel for the first time since May 21 — Вести
- Brent oil price rose almost to $103 per barrel — Ведомости
- Oil Brent weakly declines after surge yesterday — Интерфакс
- Brent oil price exceeded $101 per barrel — Интерфакс
- Brent oil price rose above $100 for the first time since July 24 — Вечерняя Москва
- Brent oil price exceeded $100 per barrel for the first time since the end of July — Коммерсантъ
- Brent oil price rose above $100 per barrel for the first time since late July — Ведомости
- Brent oil price rose above the round figure of $100 per barrel. — РИА Новости (Telegram)
- Brent barrel price will exceed $100 at escalation of Middle East conflict — Коммерсантъ
- Brent oil price exceeded $99 per barrel for the first time since July 24 — Коммерсантъ
- Price on Brent rose above $99 per barrel — Ведомости
- Brent oil price exceeded $98 per barrel for the first time since the end of July — Коммерсантъ
- Brent oil price exceeded $98 per barrel — Ведомости
- Price on Brent rose by $1 per barrel and fell to the value of the previous day — Ведомости
- Oil Brent rose to $97.28 per barrel — Интерфакс
- Oil Brent jumped to $96, and the Russian stock market outpaced oil volatility — РИАМО
- Oil Brent remains stable at $95.5 per barrel — Интерфакс
- Brent fell to $95.02 per barrel — Интерфакс
- Brent oil price exceeded $94 per barrel for the first time since August 21 — Коммерсантъ
Key entities
- Moscow
- ICE Futures
- INTERFAX.RU
- USA
- Iran
- Middle East
- ICE
- Brent
- NYMEX
- Ormuz Strait
- Reuters
- New York Mercantile Exchange
- Donald Trump
- Tatyana Volkova
- Dmitry Skryabin
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