RismadarVoice Reporters
September 14, 2026
Oil prices climbed more than 3 per cent on Monday, with Brent crude futures rising to $107.82 a barrel as concerns over disruptions to global energy supplies intensified.
The increase came amid a sharp decline in shipping activity through the Strait of Hormuz, one of the world’s most important energy transit routes.
Shipping traffic through the strategic waterway fell to single digits over the weekend, raising fresh concerns about the movement of crude oil and other energy commodities through the region.
The Strait of Hormuz is a critical route for global oil supplies, linking the Persian Gulf with the Gulf of Oman and the wider international market. Any sustained disruption to shipping through the passage could place additional pressure on crude supplies and contribute to higher prices.
The latest surge in oil prices reflects growing market sensitivity to developments affecting the security of commercial shipping and energy infrastructure in the Middle East.
Brent crude, the international benchmark, reached $107.82 a barrel represents a significant increase as traders assess the potential impact of reduced shipping activity on global supply.
A prolonged reduction in traffic through the waterway could have wider implications for oil-importing countries, transportation costs and inflation, particularly if supply disruptions persist.
Market participants are expected to closely monitor developments around the Strait of Hormuz and the resumption of normal shipping activity as concerns over supply security continue to influence crude prices.
