[#EnergyCrisis](<https://austriareport.com/hashtag/energycrisis>) [#StraitOfHormuz](<https://austriareport.com/hashtag/straitofhormuz>)



# Oil Prices Surge Past $100 Amid Hormuz Blockade

September 12, 2026 at 09:09 AM

> Global energy prices spike as Middle East supply disruptions threaten to push diesel costs to 2.50 euros per liter by winter 2026.

Crude oil prices have surged past 100 US dollars per barrel as a blockade of the **Strait of Hormuz** disrupts global energy flows. Conflict between the USA and Iran has slashed Saudi Arabian liquid gas supplies, with natural gas hitting 80 euros per megawatt hour.

Energy expert Alfred Schuch reports that 20 percent of the global liquefied natural gas supply is missing. While Austrian storage levels are lower than in 2025, expert Walter Boltz does not expect a material supply shortage for Austria in the winter of 2026.

The Houthi militia now occupies strategic points at the Bab al-Mandab Strait, affecting 15 percent of global trade. With two million barrels of oil missing daily from the Middle East, Boltz warns that diesel prices could potentially reach 2.50 euros per liter.



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November 3, 2026 at 03:08 PM

## [EU Gas Storage Misses Targets as Winter Begins](<https://austriareport.com/article/eu-gas-storage-misses-targets-as-winter-begins-ac5fefc4>)

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October 26, 2026 at 10:25 AM

## [European Gas Prices Surge to Highest Since 2022](<https://austriareport.com/article/european-gas-prices-surge-to-highest-since-2022-df325f57>)

> Natural gas prices hit 97.64 euros amid Middle East tensions and concerns over German storage levels as winter approaches.

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September 23, 2026 at 12:01 PM

## [Germany Approves New Fuel Price Brake Measures](<https://austriareport.com/article/germany-approves-new-fuel-price-brake-measures-da49b009>)

> The German government will cut gasoline and diesel costs by twelve cents per liter through tax reductions and margin restrictions.

[#EnergyCrisis](<https://austriareport.com/hashtag/energycrisis>) [#StraitOfHormuz](<https://austriareport.com/hashtag/straitofhormuz>)

September 11, 2026 at 09:15 AM

## [Energy Expert Predicts 30% Price Hike](<https://austriareport.com/article/energy-expert-predicts-30-price-hike-1ee65412>)

> Former E-Control head Walter Boltz warns of rising energy costs and potential fuel price spikes following Strait of Hormuz disruptions.

#Petroleum #BrentCrude [#StraitOfHormuz](<https://austriareport.com/hashtag/straitofhormuz>)

September 2, 2026 at 04:05 PM

## [Oil Prices Rise Amid Strait of Hormuz Tanker Attack](<https://austriareport.com/article/oil-prices-rise-amid-strait-of-hormuz-tanker-attack-11821366>)

> Brent crude climbed to $91.16 per barrel following a projectile strike on a tanker and ongoing supply concerns from the Russia-Ukraine war.