US-Iran attacks push oil above $100, with gains spreading across benchmarks

Reuters reports that a wave of attacks by the United States and Iran pushed oil above $100 and exposed a dwindling safety net in the market.

Separate market data from Yahoo Finance via yfinance show Brent crude at $108.31 per barrel, up 7.02% in one day and 21.72% in one month, after four consecutive up days. WTI crude stood at $103.00 per barrel, up 7.24% in one day and 23.69% in one month, after eight consecutive up days.

The simultaneous rise in both benchmarks indicates that the attacks are exerting broad pressure on oil prices rather than producing an isolated move in one contract. Readers can therefore treat the move above $100 as a market-wide reaction; that interpretation would weaken if subsequent data show Brent and WTI falling back below $100 and unwinding their recent gains.

Source: Reuters — published Wed, 09 Sep 2026 13:56:11 GMT; retrieved 2026-09-10T20:36:50.123413+00:00. Supporting market data: Yahoo Finance via yfinance, as of 2026-09-10.