Brent Crude Near $100 As Hormuz Crisis Deepens, Markets Brace For Supply Shock

Brent crude is hovering near the $100-per-barrel mark as tensions around the Strait of Hormuz intensify, easing slightly after surging more than 9% in the previous session, while US crude benchmark West Texas Intermediate traded close to $96.

Mar 13, 2026 - 08:00
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Brent Crude Near $100 As Hormuz Crisis Deepens, Markets Brace For Supply Shock
Brent crude is hovering near the $100-per-barrel mark as tensions around the Strait of Hormuz intensify, easing slightly after surging more than 9% in the previous session, while US crude benchmark West Texas Intermediate traded close to $96.

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