
Brent Crude Falls to $103.38 as Hormuz Flows Stay Limited
Brent dropped 2.3% to $103.38/barrel Sept. 17, but Saudi pipeline shutdown keeps diesel on track to stay above $6/gallon.
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Brent dropped 2.3% to $103.38/barrel Sept. 17, but Saudi pipeline shutdown keeps diesel on track to stay above $6/gallon.

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

Oil settled 0.6% lower Aug. 11 after Monday's jump. Strait reopening timeline still unclear.

Strait of Hormuz disruptions are driving diesel prices to levels not seen in years. What the spike costs small fleets and why driver pay surged 70% since 2020.

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

International benchmark gains 1.1% on June 10. U.S. crude inches up 0.1% to $88.31. Strait reopening timeline still unclear.

National diesel fell to $5.21/gal June 8, down 14 cents. Still $2/gal higher than last year, but the first sustained retreat since the Iran war spiked fuel in…

Oil fell back to $91.14 a barrel June 9 after briefly topping $98 the day before. Strait of Hormuz deal hopes ease fuel costs for fleets.

Cartel agrees to symbolic production increase for July, but Iran war keeps Middle East barrels landlocked and diesel climbing.

If the Strait of Hormuz stays closed, elevated fuel costs could persist for months or years, not weeks.

Benchmark fuel price falls to pre-surge level as Hormuz reopening talk pushes futures down 67 cents in two weeks.

National diesel and gasoline prices declined following Memorial Day weekend, though fuel costs remain $1.40 per gallon higher than May 2025 as Strait of Hormuz…