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At close · Thu, Sep 10, 2026
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Home›Commodities›Energy›U.S. crude oil rises back above $100 as Iran-war conce…

U.S. crude oil rises back above $100 as Iran-war concerns persist

The move comes amid renewed fears that Middle East tensions could worsen supply disruptions and keep prices elevated.

Reported · Written up by our desk · Energy

U.S. crude oil has returned to levels above $100, a mark last seen in May, as traders weigh the impact of escalating tensions in the Middle East.

CNBC Markets reports that the rally reflects growing concern that an Iran-related conflict could drag on, increasing the risk of further supply disruptions.

With oil already trading at elevated levels, investors are effectively bracing for the possibility that additional disruptions could keep prices pressured for longer.

Latest closeWTI crude $97.01 ▲4.3%

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Sources

CNBC MarketsU.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war
CNBC WorldU.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war

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