Brent crude oil prices exceeded $86 per barrel for the first time since June 12, 2026, due to escalating tensions in West Asia.

West Asia

Who

Eurasia Group analysts

What

When

Tue, 14 Jul 2026 08:00:36 GMT · 1h 45m ago

Where

West Asia ·

Why

Intensifying tensions in West Asia are projected to cause significant disruptions to traffic through the Strait of Hormuz, impacting oil supply.

The Frontline Impact

How this affects you

Eurasia Group analysts predict traffic through the Strait of Hormuz could fall to 5-15% of pre-war levels, with Brent crude potentially reaching $95 per barrel if disruptions continue.

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Verified Sources & Citations

Moneycontrol
https://www.moneycontrol.com/news/business/commodities/brent-crude-tops-86-for-first-time-since-june-12-as-west-asia-tensions-intensify-13973488.html
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