"The strait has become an increasingly important route for Saudi oil since Iran effectively closed the Strait of Hormuz, choking Gulf exports.
CBS/AFP
Price of oil trades at $99 per barrel again as open hostilities resume
The price of Brent crude, the international benchmark for oil, was trading at over $99 early Wednesday, in a continuation of the upward trend seen since August."
Framing: assertive ·
First seen: 2026-09-09 ·
Last seen: 2026-09-09 ·
Spread: 1 articles