Please keep related news in this thread rather than making separate posts. Remember to include sources and avoid spreading rumours.
Please keep related news in this thread rather than making separate posts. Remember to include sources and avoid spreading rumours.
06 March 2026 15:05 GMT
Going for $150 a barrel LMFAO 😀 👍
Brent crude futures hit $90 per barrel for the first time in almost two years as the US and Israel continue to attack Iran, unleashing war in the Middle East.
The global benchmark added as much as 5.7%, while West Texas Intermediate topped $85 for the first time since April 2024. Futures are up more than a fifth this week.
The Wall Street Journal earlier reported that Kuwait has begun cutting production at some oil fields after running out of places to store crude.
Citigroup Inc. also estimates that the crude oil market is losing 7 million to 11 million barrels per day of supply due to the disruption in the Strait of Hormuz.
RT News