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Oil hits $100 a barrel as US-Iran conflict and Strait of Hormuz clashes …

Oil hits $100 a barrel as US-Iran conflict and Strait of Hormuz clashes …

Oil prices surged past $100 a barrel for the first time since July 2026 amid escalating US-Iran maritime clashes and Houthi attacks on Saudi oil infrastructure.

News ·9 Sep 2026, 12:21 ·Maren Kovacs 5 min read
Oil prices surge 4% as U.S.-Iran conflict escalates in Strait of Hormuz

Oil prices surge 4% as U.S.-Iran conflict escalates in Strait of Hormuz

Oil prices surged as military clashes between the U.S. and Iran raised fears of supply disruptions in the Strait of Hormuz, affecting global energy markets.

Business ·13 Jul 2026, 11:27 ·Rohan Iyer 3 min read