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.
E
Editor
Sep 9, 2026 · 2h ago
1 min read5 views
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.”
Ukraine drone attack kills four in Novorossiysk (29 injured). Newsquawk CPC terminal report stays thin; UNITED24 Fuel Oil Terminal GEOINT is separate — not the CPC Blend crude terminal.
South Korea dispatches a Hormuz assessment team to the UAE while stressing deployment is not presupposed. Blue House still reviewing; NSC report on return; Lee Paris FoN; National Assembly needed for any troop dispatch.
WTI erases losses and hits fresh three-month highs near $92.70 as Gulf hostilities escalate. Early-June highs at $94.87 remain in sight. Separate Asia tape: Brent near $100 wire split.