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Oil prices rise amid fears of a prolonged war and the draining of world oil reserves, including West Texas
2026 Iran war fuel crisis — Oil prices rise amid fears of a prolonged war and the draining of world oil reserves, including West Texas Intermediate to US$102.76 per barrel and Brent Crude to US$112.89 per bar

Context: 2026 Iran war fuel crisis.
Oil prices rise amid fears of a prolonged war and the draining of world oil reserves, including West Texas Intermediate to US$102.76 per barrel and Brent Crude to US$112.89 per barrel. [https://www.wsj.com/finance/commodities-futures/oil-rises-amid-prospects-of-prolonged-strait-of-hormuz-closure-a6aba1c3 ( The Wall Street Journal )]
Event summary via Wikipedia Current Events (2026-05-18).