# Oil prices surge as US-Iran strikes intensify in Strait of Hormuz

https://mins.news/en/item/48877

- Al Jazeera, 2026-09-07 21:17 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/9/7/oil-prices-surge-as-us-iran-strikes-intensify-in-strait-of-hormuz?traffic_source=rss

> Oil prices have climbed to nearly six-week highs as escalating US-Iran strikes disrupt traffic through the Strait of Hormuz, a key oil route. Brent crude is near $97 a barrel, while US petrol and diesel costs rise, increasing household expenses and economic pressure ahead of the midterm elections.

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