Brent crude oil price breaks through $91, facing the threat of breaking through $100
2026-09-01 18:30:44
According to CoinMeta, the price of Brent crude oil rose again on Tuesday, breaking through $91, due to renewed concerns about disruptions in production and transportation through the Strait of Hormuz caused by the conflict between the United States and Iran. Brent crude oil futures increased by $1.05, or 1.2%, to $91.54 per barrel, while US West Texas Intermediate (WTI) crude oil rose by $1.27, or 1.5%, to $87.03 per barrel. Analysts said that if Brent crude oil continues to strongly break through the $94-95 range, it will provide further confirmation for a rise to $100.
Source:Coinpaper
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