Brent settles at $93.78 as Iran pressure intensifies

Published: August 20, 2026 at 3:00 AM

News summary

Brent settled 2.4% higher at $93.78, its highest since 24 July, after U.S. threats against countries supporting Iran renewed Hormuz risk.

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GeopoliticalGlobal

Published: August 20, 2026 at 3:00 AM

Brent settled 2.4% higher at $93.78, its highest since 24 July, after U.S. threats against countries supporting Iran renewed Hormuz risk.