Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Oil Breaks $100—and This Rally Has Legs

For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even after the June ceasefire between Iran and the United States collapsed, tankers…

  • Brent crude surpasses $100 per barrel for first time since late July
  • Iranian-U.S. fighting disrupts oil flows from Persian Gulf
  • Prices rise despite war as inventories support higher costs

More from Wednesday 9 September →