Market Prices
WTI Oil $89.38 −3.22 Natural Gas $3.01 +0.01 Brent Oil $102.59 −2.69
Settlement Sep 29, 2026
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Oil nears $120 amid Iran war and ongoing supply shock

Oil prices surged toward $120 per barrel as the Iran war and continued closure of the Strait of Hormuz tighten global supply and fuel a growing energy crisis.