Brent Crude Nears $84 As War Chokes Shipping Through Strait of Hormuz

Brent crude has surged about 15% over the week, but prices slipped back below $84 a barrel on Friday. West Texas Intermediate, meanwhile, was trading near $79 as it too retreated from earlier highs.

Mar 6, 2026 - 10:30
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Brent Crude Nears $84 As War Chokes Shipping Through Strait of Hormuz
Brent crude has surged about 15% over the week, but prices slipped back below $84 a barrel on Friday. West Texas Intermediate, meanwhile, was trading near $79 as it too retreated from earlier highs.

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