Latest
oseen · source-linked reporting

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

Published May 18, 2026· Updated October 28, 2026·1 min read
Wikimedia Commons — CC0 — by Wikideas1 (http://creativecommons.org/publicdomain/zero/1.0/deed.en)
Image: Wikimedia Commons — CC0 — by Wikideas1 (http://creativecommons.org/publicdomain/zero/1.0/deed.en). Images shown are not owned by Orubus, Oseen or any of its related companies — all rights remain with the stated owners and licensors.

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).