Oil Nears $100 as Hormuz Traffic Falls to Six Vessels
September 9, 2026
News summary: Reuters reported Brent traded 1.3% higher at $99.22/bbl and WTI gained 1.2% to $94.13/bbl at 06:14 GMT as fresh Middle East strikes raised supply risks. Six commodity vessels crossed Hormuz on Tuesday, down from nine and below the 10-day average of about 12. These were intraday prices, not final settlements.
Market context: Near-$100 crude and below-average traffic made benchmark timestamp, AIS visibility, vessel approval, freight, insurance and short offer validity essential to any executable Gulf cargo indication.
Archive date: September 9, 2026