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Oil Prices Rise as Middle East Tensions Escalate, Strait of Hormuz Traffic Slows

Oil prices rise as U.S.-Iran tensions escalate, Israel threatens Tehran and fewer vessels transit the Strait of Hormuz.
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www,finanzasdigital.com The West Texas Intermediate (WTI) registered an increase of 1.04% this Thursday, up to $91.96 a barrel, amid the escalation of the conflict between...

The price of Texas intermediate oil (WTI) opened Thursday with a 1.04% rise, up to $91.96 a barrel, while tensions in the Middle East continue to escalate and investors have their eyes on the supply coming from the Strait of Ormuz. The entry The Texas oil opens with a 1.04% rise due to the tension in the Strait of Ormuz was first published in Digital Process.

The resumption of air strikes between Washington and Tehran since Monday is increasing the geopolitical risk, which drives oil prices up.

·Mexico City, Mexico
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glasistre.hr broke the news on Thursday, September 3, 2026.
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