With no signs of the Iran-U.S. war stopping, key oil prices have surged since the war began. U.S. The increase was evident across the board, with U.S. oil crude futures, West Texas Intermediate prices and Brent crude oil prices all climbing.

As of March 9, the price per barrel of Brent crude, the international standard, touched $114, which is 23% higher than its closing price of $92.69 on Friday (March 6, 2026).

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