Brent Clears $100 for First Time Since July 24 as Gulf Conflict Escalates

Brent cleared $100 for the first time since July 24 as Gulf conflict escalated. CNBC 5:11 a.m. ET stamped $100.44 / WTI $94.92; Reuters by 0802 GMT $99.93 after $100.19; WION $100.19 then ~$99.90 — stamps quoted separately, not averaged.

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Sep 9, 2026 · 2h ago
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Brent Clears $100 for First Time Since July 24 as Gulf Conflict Escalates

Brent crude cleared the $100 mark on Wednesday for the first time since late July as Gulf / U.S.–Iran and Houthi–Saudi escalation raised supply-risk concerns. Wire stamps diverge — each quoted separately, not averaged.

Stamp split

CNBC (as of 5:11 a.m. ET): Brent futures last +2.57% at $100.44 a barrel; WTI November +2.03% at $94.92. CNBC stamps Brent past $100 for the first time since July, and Goldman Sachs co-head of global commodities research Daan Struyven saying intensifying shipping attacks raise the probability of Brent exceeding $120 (base case still gradual Persian Gulf export recovery).

Reuters (SINGAPORE, Sept 9; Tony Munroe / Jeslyn Lerh / Anushree Mukherjee): Brent tops $100 for the first time since July 24. By 0802 GMT, Brent was up $2.01, or 2.05%, at $99.93 a barrel after earlier touching $100.19; WTI was up $1.49, or 1.60%, at $94.52.

WION (Jatin Verma; published ~13:26 IST / updated ~13:54 IST): Brent surged more than 2% to $100.19 before easing slightly to $99.90. WION also stamps Brent up $2.15, or 2.2%, to $100.07, with WTI up $1.70, or 1.83%, to $94.73.

Bloomberg markets wrap headline this cycle (premium body not pulled): “US Stocks Drift as $100 Brent Lifts Inflation Risk.”

Drivers / prior oil tape

Same Gulf tape as CENTCOM five carriers and Saudi energy halt. Follows Asia’s Brent-nears-$100 wire split and WTI EU ~$92.70 — Struyven $120 risk already soft color there.

Also see: Ukraine Drone Attack Kills Four in Novorossiysk; CPC Report Thin, Fuel Oil Terminal GEOINT Separate.

Informational only. Not trading advice, signals, or a guarantee of any market outcome.

Written and fact-checked with AI assistance, reviewed by a human editor before publication.

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