#Wti

On August 26, 2026, Brent oil fell to $86.28 per barrel amid hopes for the resumption of shipping through the Strait of Hormuz. Over the week, the benchmark lost about 9%, while WTI dropped 8%.

Brent topped $94 — a high since July 24. Global oil stockpiles have fallen 6% since February, and the US SPR has dropped below 300 million barrels — a low since 1983. Experts warn: if the Hormuz blockade persists, reserves could be exhausted by 2027.

Brent and WTI crude rose to a three-week high on August 20, 2026, amid a deadlock in the US-Iran conflict and supply disruptions through the Strait of Hormuz.

🛢️ Oil prices frozen in anticipation: Brent at $88.72, WTI at $82.32. 📉 Markets under pressure from news in the Strait of Hormuz: ship traffic dropped to zero, UAE accused Iran of attacks on ADNOC tankers. 🚢 Bloomberg reports on secret shipments curbing price spikes, but US and Iranian diplomacy is at a deadlock. #oil #economy #straitofhormuz #iran #usa

Brent oil has surged above $85 amid the escalation of the conflict between the US and Iran. 🛢️⚔️ Investors fear a blockade of the Strait of Hormuz and the Red Sea, which threatens global supplies. Donald Trump has imposed a naval blockade on Iranian ports, while Tehran prepares retaliatory strikes. 📉🚢