Macro Finance
Brent Oil Climbs Toward $100 With Hormuz Constrained
Bloomberg Markets·September 8, 2026·1 min read
Brent oil approached $100 a barrel after Saudi Arabia halted operations at several energy facilities due to attacks. Vitol Group estimated that oil flows through the Strait of Hormuz are about half of pre-war levels, though an exact figure is hard to quantify.
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