After the US strikes on Iran... Brent exceeds $90
Fady Mahouly
08:45 · 31 August 2026
1 min read
Oil prices jumped by nearly $2 a barrel on Monday, after the United States launched an attack on an Iranian island in the Strait of Hormuz, prompting a response from Tehran, as the conflict in the Middle East entered its sixth month.
Brent crude futures rose $2.08, or 2.36%, to reach $90.18 per barrel by 04:17 GMT, while the price of US West Texas Intermediate crude reached $85.07 per barrel, an increase of $1.67, or 2%.
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