Brent crude above USD 95 threatens to raise India’s import bill, inflation and supply costs as West Asia conflict intensifies and domestic fuel consumption continues to increase a new.

Peter McGuire, CEO of Trading.com expects oil’s near-term trend to remain upward, while the US dollar could fall towards 98–97.50 if the Fed stays on hold.

Brent crude oil surged to $99.38 per barrel on September 3, 2026, driven by US-Iran military escalation and reduced Strait of Hormuz tanker

Oil prices surge nearly 7-10% weekly as U.S.-Iran conflict disrupts Strait of Hormuz shipping. Diesel hits record high, raising inflation concerns.

Crude oil prices rose nearly 1 per cent in early trade on Wednesday, extending the previous session's sharp gains. Brent crude futures rose 87 cents, or 0.92 per cent, to USD 95.52 a barrel by 0008 GMT,

Crude oil price jumped to $95.25 as Iran continued its attacks. Iran attacked Kuwait on Thursday morning as its retaliations against the US continued. A sustained escalation may lead to higher oil prices for longer.

Brent crude spike above $95 per barrel triggered sharp losses across Indian oil marketing, aviation, paint, and tyre stocks on.

Technical analysis of the Nasdaq 100, Brent crude as they continue to rally while the USD/JPY sell-off encounters strong support.

Brent oil price rises above $96 after Iran fires missiles at Kuwait. Crude oil reaching a new all-time high by December 31 at 11.5% YES.

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has expanded his coverage to include investments, ethics ...

On Tuesday, President Donald Trump ordered fresh U.S. strikes on Iranian targets while Tehran retaliated against American positions across the Middle East, sending Brent crude above $96 a barrel amid renewed fears over the Strait of Hormuz.