Moscow, September 10, 2026, 12:59 PM — Regnum News Agency. The price of Brent crude oil futures for November delivery exceeded $102 per barrel for the first time since May 22, 2026, according to trading data on the London ICE Exchange on September 10.
As of 11:32 AM Moscow time, the price of Brent crude rose 0.84% ​​to $102.06 per barrel. By 11:40 AM Moscow time, the rise had accelerated to 0.87%, reaching $102.09 per barrel.
At the same time, the price of WTI crude oil futures for October delivery rose by 0.96% to $96.97 per barrel.
Earlier, analysts at the American investment bank Goldman Sachs warned of a possible spike in oil prices to $120 per barrel if attacks on ships in the Middle East escalate. According to Daan Struyven, co-head of global commodities research, recent events point to significant risks of disruption to shipping.
It was previously reported that oil and gas prices rose sharply in several countries after Iran blocked shipping in the Strait of Hormuz in response to a large-scale military operation launched by the US and Israel on February 28. On March 19, Brent crude rose to $111 per barrel, reached $115 per barrel on March 30, and then fell below $90 in mid-April.
Analysts attribute the rise in oil prices to both tensions in the Middle East and the risk of supply disruptions due to attacks on energy infrastructure and logistics in the Black Sea region.