{"id":359864,"date":"2026-09-09T06:11:20","date_gmt":"2026-09-09T11:11:20","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/oil-prices-climb-over-100-per-barrel-as-us-war-in-iran-continues"},"modified":"2026-09-09T06:11:23","modified_gmt":"2026-09-09T11:11:23","slug":"oil-prices-climb-over-100-per-barrel-as-us-war-in-iran-continues","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/oil-prices-climb-over-100-per-barrel-as-us-war-in-iran-continues","title":{"rendered":"Oil costs climb over $100 per barrel as US struggle in Iran continues"},"content":{"rendered":"


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LONDON — The global price of oil topped $100 a barrel on Wednesday for the first time since July, as continued tensions between Iran and the United States added to uncertainty over future supply.<\/p>\n

The rise followed a statement on Tuesday by U.S. Central Command, which said<\/a> that its forces destroyed five Islamic Revolutionary Guard Corps oil tankers.<\/p>\n

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\"BP<\/picture><\/div>\n<\/div>
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This screen grab made on Sept. 9, 2026, from a handout video released by US Central Command on Sept. 8, 2026, shows what the US military says is a strike on an Iranian tanker in the Gulf of Oman.<\/span><\/span><\/span><\/p>\n

US Central Command via AFP via Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n

The IRGC followed those strikes by issuing a warning that all oil tankers in Kuwaiti and Bahrani waters should be evacuated.<\/p>\n

Brent crude oil prices, a benchmark for global trading, climbed on Wednesday by about 2.7%, trading at about $100.57 a barrel for contracts with November deliveries.<\/p>\n

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\"Indiana\"<\/picture><\/div>\n<\/div>
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The sprawling BP refinery is shown on Sept. 8, 2026 in Whiting, Indiana.<\/span><\/span><\/span><\/p>\n

Scott Olson\/Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n

U.S. oil traded at about $95 a barrel, up by about 2%.<\/p>\n

This is a developing story. Please check back for updates.<\/em><\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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