Brent crude breaks $100 amid Middle East strikes

Brent crude cleared $100 a barrel. OilPrice said the contract jumped about 2.25% to $100.12 early Wednesday, 9 September 2026, the highest since 24 July. That is an intraday wire print, not an OPEC+ decision and not proof that Hormuz commercial transit has permanently stopped.

WTI rose about 1.80% to $94.67 in the same session. OilPrice frames the move as a sizeable risk premium after renewed US-Iran hostilities, US strikes on Iranian oil tankers, and Iran and Houthi targeting of regional energy infrastructure, including in Saudi Arabia on Tuesday.

OilPrice reports that Centcom said American forces destroyed five Iranian crude carriers after IRGC ballistic-missile targeting of a US Navy warship. The named ships are M/T Kaviz, M/T Charminar, M/T Horizon 1, and M/T Riesco in the Gulf of Oman, and M/T Derya near Kharg Island. Those names are Centcom's claim as carried by that report.

The same OilPrice piece says Iran fired ballistic missiles toward Jordan. Jordan Armed Forces, as cited there, said 20 were launched, 18 were intercepted or destroyed, and 2 fell on unpopulated areas, with no casualties recorded.

ING commodities strategists Warren Patterson and Ewa Manthey, quoted in the report, said the market is still pricing a sizeable risk premium and that a restart of talks remains some way off. The earlier spike path is on Finpresso as Brent closing above $90 after Larak launcher strikes.