
Brent Crude Hits $97 as Iran Fighting Intensifies
Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.
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Benchmark U.S. crude climbs to $92.92 per barrel, pushing diesel costs higher for small fleets already squeezed by elevated fuel surcharges.

Oil up 0.4% on August 27 after diplomatic progress and softer U.S. sanctions calm tanker-exit fears in the Persian Gulf.

Agreement lets Iran sell crude freely, reversing sanctions that spiked diesel 50% since war started. What the fuel-price drop means for small fleets.

Oil prices climbed 10% this week after a two-week retreat as U.S. and Iran trade attacks. Brent hit $98.22 per barrel June 3.

Oil climbs on diplomatic breakdown, diesel costs stay elevated as Hormuz remains shut and crude tops $100 for the eighth straight session.

Iran halted all transits through the Strait of Hormuz three days ago and imposed new shipowner reporting rules. Crude and diesel prices remain elevated despite…
July Brent crude rose to $101.38 per barrel Monday: a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.

June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.