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Oil prices rise again. Battles between the US and Iran reignite fears regarding supply through the Strait of Hormuz.

RO GDELT - World · 1d ago · 01 Sep 2026 13:15 · Source ↗

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Oil prices have risen again, reaching high levels, following the rekindling of tensions between the United States and Iran. The escalation of the conflict in the Middle East has raised supply disruption risks, especially in the context of reduced traffic through the Strait of Hormuz. Brent crude has surpassed the $91 per barrel mark, and these increases are supported by geopolitical uncertainties and recent incidents in the region.