World · 1 September 2026

Oil prices pass $91 a barrel as America and Iran resume fighting

Donald Trump promised more military action on Monday after the two nations exchanged fire for the first time in four weeks. The escalating violence has sparked fresh fears over global crude supplies moving through the Strait of Hormuz, which Tehran shut in February. Underlining those risks, a commercial vessel reported getting hit by three separate projectiles while leaving the area on Tuesday.

By BriefTea Editorial · 1 September 2026 at 6:32

Reported by Reuters · How we write briefs

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What is a barrel of oil? Why are petrol prices rising? Will my energy bills go up?

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