Brent crude exceeds $91

For the first time since July 31, 2026, the price of Brent crude oil exceeded $91 per barrel, reaching $91.05 after an increase of 2.86%. Meanwhile, West Texas Intermediate (WTI) crude rose to $83.90, up by 2.99%. This rise comes in conjunction with reports that an Emirati oil tanker was detained in the Strait of Hormuz by Iran over violations of transit regulations, reflecting escalating tensions in the region and their impact on global oil markets.

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