Oil surges to $93 on Iran war: gas prices rising fast
Brent crude surges 28% in one week to $92.93 on the US-Iran conflict and Strait of Hormuz closure. Gas up 27 cents. Could reach $150. What to do with your money.
4 articles found
Brent crude surges 28% in one week to $92.93 on the US-Iran conflict and Strait of Hormuz closure. Gas up 27 cents. Could reach $150. What to do with your money.
Brent crude is up 36% in 2026, topping $83/barrel as the Strait of Hormuz crisis escalates. Goldman Sachs warns it could hit $100. Here's how it impacts gas prices, food, and inflation.
Brent surged to $83.83 (+8%) and WTI to $77.05 after Iran closed the Strait of Hormuz. Tanker traffic dropped 80%. US gas prices crossed $3/gallon. Analysts warn oil could hit $100.
Brent crude surged 9% to $78.70/barrel after US-Israel strikes on Iran. The Strait of Hormuz is effectively closed. US gas prices expected to rise 10-30 cents within days.