Gulf conflict drives Brent toward $100 per barrel as Hormuz disruptions mount, yet UAE export capacity signals a swift supply surge once stability returns.
Monday, August 24, 2026
Gulf conflict drives Brent toward $100 per barrel as Hormuz disruptions mount, yet UAE export capacity signals a swift supply surge once stability returns.
Iran war roils energy markets: Brent tops $92, Hormuz choked, Qatari LNG halted. Strategic reserves cushion.