#Petroleum #BrentCrude [#StraitOfHormuz]() # Oil Prices Rise Amid Strait of Hormuz Tanker Attack September 2, 2026 at 04:05 PM > Brent crude climbed to $91.16 per barrel following a projectile strike on a tanker and ongoing supply concerns from the Russia-Ukraine war. Oil prices rose on Tuesday morning as **Brent crude** for November delivery reached 91.16 US dollars per barrel, a 0.74 percent increase from the previous day. This price for 159 liters of oil is equivalent to 78.61 euros, following a Monday peak of 91.52 dollars. The United Kingdom Maritime Trade Operations reported a night attack on an oil tanker in the **Strait of Hormuz**. The vessel was hit by projectiles while exiting the waterway. This incident occurs amid ongoing mutual military strikes between the USA and Iran. Supply concerns are intensifying due to the Russia-Ukraine war, where attacks on the Russian oil industry are currently reducing diesel availability. TD Securities strategist Bart Melek notes these geopolitical tensions continue to impact global commodity markets. ## Related news [#EnergyCrisis]() [#StraitOfHormuz]() September 12, 2026 at 09:09 AM ## [Oil Prices Surge Past $100 Amid Hormuz Blockade]() > Global energy prices spike as Middle East supply disruptions threaten to push diesel costs to 2.50 euros per liter by winter 2026. [#EnergyCrisis]() [#StraitOfHormuz]() September 11, 2026 at 09:15 AM ## [Energy Expert Predicts 30% Price Hike]() > Former E-Control head Walter Boltz warns of rising energy costs and potential fuel price spikes following Strait of Hormuz disruptions.