Oil Prices Surge Amid Middle East Conflict Escalation
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Global Energy Markets
Middle East
September 9, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 19/9/2026, 9:51:01 PM
Brent crude futures breached $100 a barrel due to escalating military strikes in the Middle East. Attacks on tankers and energy facilities have disrupted oil flows through the Strait of Hormuz. One seafarer was killed in an attack on the tanker Hercules Star off Dubai. Flows through the Strait of Hormuz have dropped significantly to below 2 million barrels per day.
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US stock markets open lower amid Middle East tensions
US stock indexes opened lower on Sep 9. Oil prices surged past $100 a barrel due to Middle East tensions. Dow, S&P 500, and Nasdaq all saw declines at the open.