Gulf tanker attacks led to production halts and a subsequent spike in Brent crude prices above $104 per barrel.
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What happened
Gulf tanker attacks led to production halts and a subsequent spike in Brent crude prices above $104 per barrel.
Who's involved
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The entities involved
Related events
- Brent crude prices reacted to supply reports, while the Fed hiked interest rates to curb inflation.
- Oil price rise amid supply disruption since January 1, 2026.
- Attacks on oil tankers are increasing oil prices, while Constellation Brands reaffirmed its financial guidance despite market volatility.
- The American Petroleum Institute warned against policy moves that could harm the global economy, amidst a premium of over $95 per barrel for Brent crude, while calls opposed a ban on US diesel exports.
- High crude prices are noted to be pushing current account deficits and weighing on corporate earnings.