Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast
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Source: Zero Hedge
Published: 2026-09-10 21:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, War & Conflict, Retail
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Snippet:
Brent crude futures traded above $102 a barrel Thursday morning after Iran threatened to intensify attacks, renewing concerns over tanker flows through the Hormuz maritime chokepoint. The supply risk extends well beyond crude to mounting shortages of refined products, particularly diesel, as the US diesel crack spread trades around $102 a barrel.
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