Industry Reports

Brent crude tops $105 a barrel as tanker attacks intensify in Middle East; Saudi output cut fuels concerns

Friday, September 11, 2026 - 03:27
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Brent crude tops $105 a barrel as tanker attacks intensify in Middle East; Saudi output cut fuels concerns
Crude oil prices surged to their highest since May after Saudi Arabia reported a significant drop in production. Brent crude rose to about $106 a barrel, while WTI jumped to $95.39. The ongoing Middle East conflict is disrupting oil exports and contributing to market volatility.

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