{
  "id": 6068146,
  "title": "Oil prices hold near $97 as US-Iran conflict and Hormuz disruptions keep geopolitical premium high",
  "url": "https://urgent.news/2026/09/06/oil-prices-hold-near-97-as-us-iran-conflict-and-hormuz-disruptions",
  "topic": "world",
  "section": "World",
  "published": "2026-09-06T23:42:34.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/energy/oil-prices-hold-near-97-as-us-iran-conflict-and-hormuz-disruptions-keep-geopolitical-premium-high-1.500665326"
  },
  "original_language": "en",
  "account": "Oil prices were mixed early on Monday, with Brent crude holding near $97 a barrel as markets assessed the impact of the U.S.-Iran conflict and disruptions around the Strait of Hormuz. Brent crude was up 0.43% to $96.69, while WTI Crude increased 0.60% to $92.03. Murban crude was down 1.36% at $103.30. Natural gas saw a decline of 1.5% to $2.929. The recent surge in oil prices marked the strongest weekly gain since July, with Brent ending last week at $96.28, up 7.6%, and U.S. West Texas Intermediate rising nearly 10% to $91.48. The Strait of Hormuz remains the focal point of the oil market's risk calculation, as tanker traffic has been significantly disrupted due to the conflict. The uncertainty surrounding shipping in the region keeps a geopolitical premium embedded in crude prices.",
  "summary": "Oil prices were mixed early on Monday (September 7), with global benchmark Brent crude holding near $97 a barrel as markets continued to assess the impact of the U.S.-Iran conflict and disruptions around the Strait of Hormuz. As of 8:28 am Tokyo time on Sept. 7, the market snapshot showed Brent crude up 0.43% to $96.69 , WTI Crude up 0.60% to $92.03 , and Murban crude at $103.30 , down -1.36%.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Ajel English",
        "title": "US denies Iranian attack on American warship amid Hormuz tensions",
        "url": "https://urgent.news/2026/09/06/us-denies-iranian-attack-on-american-warship-amid-hormuz-tensions",
        "published": "2026-09-06T16:23:51.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Iran claims a strike on a U.S. ship in the Strait of Hormuz but the U.S. denies it",
        "url": "https://urgent.news/2026/09/06/iran-claims-a-strike-on-a-u-s-ship-in-the-strait-of-hormuz-but-the-u",
        "published": "2026-09-06T17:48:51.000Z"
      },
      {
        "outlet": "Live Mint",
        "title": "US denies Iran's claim of strike on American vessel near Strait of Hormuz",
        "url": "https://urgent.news/2026/09/06/us-denies-irans-claim-of-strike-on-american-vessel-near-strait-of",
        "published": "2026-09-06T19:36:49.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "Iran will declare a ‘prohibited zone’ near Hormuz in coming days: security chief",
        "url": "https://urgent.news/2026/09/06/iran-will-declare-a-prohibited-zone-near-hormuz-in-coming-days",
        "published": "2026-09-06T19:53:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}