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Brent Holds Above 100 Dollars Amid Tanker Attacks

Oil prices extended gains as escalating tanker attacks in the Middle East dampened hopes for a recovery in Hormuz traffic. Brent crude held above 100 dollars a barrel while traders braced for prolonged supply disruptions.

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FILE PHOTO: People look at the oil tanker Marinera as it is moored in the Moray Firth, off the coast of Scotland, Britain, January 14, 2026. REUTERS/Russell Cheyne/File Photo

Brent Crude Oil rose 0.93% to $102.15 a barrel on Thursday morning following tanker attacks near the Strait of Hormuz. The surge extends previous-session gains, keeping prices above the $100 threshold.
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