--- title: "Brent Oil Near the $100 Mark: Middle East Escalation Hits the Global Market" description: "The escalation of the conflict in the Middle East has pushed Brent oil toward the $100-per-barrel mark for the first time since July 24. Analysts warn of inflation risks for the global economy, particularly for Asia." date: 2026-09-09T07:38:00.000Z lang: en url: https://xab.info/en/posts/brent-oil-100-dollar-middle-east-escalation tags: [oil-prices, brent, middle-east, iran, saudi-arabia, strait-of-hormuz] publisher: "XAB.info" --- # Brent Oil Near the $100 Mark: Middle East Escalation Hits the Global Market ![Oil refinery worker turning a valve against pipelines as Brent crude hits $100 amid Middle East escalation](https://xab.info/media/2026/09/09/brent-neft-100-dollarov-eshkalatsiya-blizhniy-vostok/brent-neft-100-dollarov-eshkalatsiya-blizhniy-vostok-1.webp) ## 🎯 Key Points - Brent rose 1.3% to $99.22/barrel, WTI — 1.2% to $94.13; Brent's growth since the start of August is around 25%. - On September 8, the Houthis attacked cities in Saudi Arabia, the US struck Iranian tankers, and Iran hit a US base in Jordan. - Saudi Arabia has partially rerouted exports around the Strait of Hormuz; inflation risks in Asia are rising. - Sources disagree: the summary shows Brent at $99.22, while several publications report it exceeding $100 for the first time since July 24. A new wave of escalation in the Middle East has once again become the main driver of the oil market. As of September 9, 2026, Brent futures rose 1.3% to $99.22 per barrel, while American WTI gained 1.2% to $94.13. Analysts emphasize that since the beginning of August, the price of Brent has risen by approximately 25%, making the current rally one of the sharpest in recent months. The market is watching the psychologically important $100 mark with concern, which, according to experts, is not just a symbolic threshold but a signal of possible serious consequences for the global economy. ### Events of September 8: From Houthi Attacks to Strikes on Tankers The key trigger for the price surge was the sharp escalation of the conflict on September 8. First, the Houthis attacked several cities in Saudi Arabia. In response, US military forces struck several Iranian oil tankers, and earlier, according to available data, more than 100 targets on Iranian territory. Iran, in turn, attacked a US military base in Jordan and ships. In the view of analysts, this chain of events is placing additional pressure on the market: regional energy infrastructure and key maritime routes have once again come under attack, intensifying concerns about the continuity of supplies. ### The Strait of Hormuz and the Rerouting of Exports Saudi Arabia has already partially rerouted its oil exports around the Strait of Hormuz — one of the most vulnerable nodes of global energy logistics. However, according to experts, if attacks on the kingdom continue, ensuring stable supplies to the global market will become significantly more difficult. In this context, analysts draw attention to a recent statement by US President Donald Trump, who named an alternative to the Strait of Hormuz, indicating an attempt by Washington to hedge against the complete closure of this key route. ### Inflation Risks for Asia and the Global Economy Beyond the direct effects on suppliers, rising oil prices trigger secondary inflationary processes. Analysts warn that Asian countries are particularly vulnerable, many of which heavily depend on imported energy. The rise in oil prices automatically accelerates inflation in these economies, which may force central banks to tighten monetary policy and slow down growth. Thus, a local military conflict is turning into a global macroeconomic risk. ### Contradictory Data There is a discrepancy between the primary summary and a number of specialized publications regarding the exact quote. In the main summary, the price of Brent is fixed at $99.22 per barrel, i.e., still below the psychological threshold. At the same time, several sources report that Brent exceeded $100 per barrel for the first time since July 24. Both versions agree on the overall picture — a sharp rise against the backdrop of escalation — but differ on whether the $100 mark was actually breached at the time of publication. This may be explained by differences in the timing of the quote (intraday peak versus close) and requires clarification during verification. ## 🔍 Fact-Check Verification - [Brent Nearly at $100: Why Oil Prices Are Surging Again](https://www.rbc.ua/ukr/news/brent-mayzhe-100-dolariv-chomu-tsini-naftu-1788939281.html) - Подтверждает рост Brent к отметке около 100 $ на фоне эскалации, согласуется с котировкой 99,22 $ в основе. - [Brent Oil Reached $100 per Barrel for the First Time Since July 24](https://center.business-magazine.online/fn_1943693.html) - Сообщает о превышении 100 $ впервые с 24 июля — расхождение с котировкой 99,22 $ в основе, вероятно из-за интрадейного пика. - [Brent Oil Price Exceeded $100 for the First Time Since July 24](https://www.osnmedia.ru/ekonomika/tsena-nefti-brent-vpervye-s-24-iyulya-prevysila-100-dollarov/) - Повторяет версию о превышении 100 $ с 24 июля; согласуется по тренду, но не по точной цифре. - [Brent Oil Barrel Price Rose Above $100 for the First Time Since July 24](https://1prime.ru/20260909/brent--873135861.html) - Подтверждает пробой 100 $ впервые с 24 июля; источник для раздела о противоречивых данных. ## ❓ FAQ ### Q: How much is Brent oil worth right now? **A:** According to the main summary as of September 9, 2026, Brent stands at $99.22 per barrel (+1.3%), while a number of publications report a brief breach of the $100 mark for the first time since July 24. ### Q: What caused the rise in oil prices? **A:** The sharp escalation of the conflict on September 8: Houthi attacks on cities in Saudi Arabia, US strikes on Iranian oil tankers, and Iran's retaliatory attacks on a US base in Jordan and on ships. ### Q: Why is the $100 mark important? **A:** It is not only a psychological threshold but also a signal of serious consequences for the global economy, including rising inflation risks, especially in Asia, which depends on imported energy. ### Q: What is happening with the Strait of Hormuz? **A:** Saudi Arabia has partially rerouted its oil exports around the Strait of Hormuz; US President Donald Trump named an alternative to it. If the attacks continue, the stability of supplies may be affected.