Commodities

Brent Crude Tops $100 a Barrel Amid Middle East Tensions

Guavy AI Editorial Team Published September 9, 2026

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Oil

Global markets are experiencing losses as Brent crude oil has surpassed $100 per barrel for the first time in nearly six weeks. The surge is attributed to intensified violence in the Middle East, which has disrupted global oil supplies and contributed to rising energy prices.

The increased cost of crude oil is adding to inflationary pressures worldwide. U.S. futures are also sliding as investors respond to the situation.

The Wire

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