Brent hovers near $94 as US-Iran conflict continues to squeeze energy supply

Aug 21, 2026 - 08:00
Brent hovers near $94 as US-Iran conflict continues to squeeze energy supply

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

On Friday, oil prices held steady, with Brent crude nearing $94 per barrel amid ongoing supply disruptions triggered by the US-Iran conflict. Both Brent and WTI benchmarks are poised for a second consecutive weekly increase. President Trump earlier issued threats of retaliation against nations backing Iran, as the ongoing war has resulted in significant casualties and interruptions to oil and gas supplies.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0