# Crude Oil (WTI)

Type: Product (CL)

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/crude-oil-wti-product
Canonical HTML page: https://getsupplybrief.com/entity/crude-oil-wti-product

## Timeline

- **2026-09-09**: Brent crude settles above $100 — Brent settles at $101.21 and WTI at $96.05. President Trump says oil prices likely won't come down until after November's midterm elections.
- **2026-09-08**: Saudi Aramco refinery attack near Abha — Planet Labs satellite imagery shows a plume of black smoke rising from a Saudi Aramco oil refinery north of Abha, Saudi Arabia.
- **2026-08-13**: Oil residue found on Qeshm Island — Oil residue lines the shore near fishing boats on Qeshm Island, Iran, amid wartime attacks on vessels and infrastructure; spill source not independently determined.
- **2026-02**: U.S. and Israel launch war with Iran — The conflict begins in late February 2026, leading to a halt in most shipping through the Strait of Hormuz.

## Recent coverage (1 stories)

### Strait of Hormuz Disruption Pushes Oil Past $100, Brent at $101.21
2026-09-09 23:51:57 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

The Strait of Hormuz, which once carried about 20% of global oil, has seen most shipping halted by the U.S.-Iran war. Brent's $101.21 settle and renewed attacks on Saudi Aramco infrastructure signal rising fuel and freight costs across global supply chains.
Full story: https://getsupplybrief.com/story/supply-strait-hormuz-oil-100-brent-101-21

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