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Brent crude jumps above dollar 107 as Middle East tensions stoke supply fears
Updated On: 14 September, 2026 11:07 AM IST | New Delhi | IANS
Brent crude surged above dollar 107 a barrel as escalating Middle East tensions and disruptions around key waterways raised concerns over global oil supplies
Rising tensions around the strategic Strait of Hormuz fuel concerns over global crude oil supplies. File pic
Crude oil prices jumped sharply on Monday, with Brent crude rising above $107 a barrel, amid escalating tensions in the Middle East raising fears of disruptions to global energy supplies.
Brent for November delivery gained 3.20 per cent to $107.82 a barrel, while US benchmark West Texas Intermediate for October rose 3.20 per cent to $103.2, extending last week’s rally that pushed both contracts back above the $100 mark.
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