You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World Massive Strike Against Iran And Botched Counterstrike Sends Oil Past $100 Massive Strike Against Iran And Botched Counterstrike Sends Oil Past $100 by Ship & Bunker News Team Wednesday September 9, 2026 Tweet Follow @shipandbunker Meanwhile, passage through the Hormuz continues to decline: File Image/Pixabay. Oil on Wednesday topped $100 per barrel after the U.S. destroyed   10 Iranian tankers and warded off counterstrikes on two U.S. navy destroyers, while Iran -backed Houthis claimed that Saudi-backed forces launched 32 airstrikes across Yemen overnight. Brent settled up $3.29 at $101.21 per barrel, and West Texas Intermediate settled up $3.02 at $96.05 per barrel; the last time Brent settled above $100 was for a single day in late July. Ole Hansen, head of commodity strategy at Saxo Bank , said , "The move towards and back above $100 Brent is reflecting a market that increasingly has to change its view on how long the Middle East crisis will continue to curb supply from the region." “ The back and forth strikes from the U.S. and Iran look to now be a mainstay Dennis Kissler, BOK Financial Dennis Kissler , senior vice president ⁠of energy trading at BOK Financial , added, "The near-term fundamentals have suddenly turned to much tighter supplies, and the back and forth strikes from the U.S. and Iran look to now be a mainstay, with any chance of a peace agreement moving further out in the distance." As for passage through the Strait of Hormuz , Kpler reported that six commodity vessels made the journey on Tuesday, down from nine a day earlier and below the 10-day average of about 12. Hamad Hussain , senior climate and comm