# Brent crude oil surges past $102 amid Hormuz tensions, US-Iran conflict

> Brent crude rose to $102.30 and Murban crude jumped about 7% to $109.40 on Friday, with WTI near $93.05. Traders are pricing a higher risk premium on Middle Eastern supply tied to US-Iran tensions and Strait of Hormuz shipping disruption.

- Date: 2026-10-01 · published 2026-10-01T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/9323-brent-crude-oil-surges-past-102-amid-hormuz-tensions-us-iran-conflict
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A rising risk premium on Gulf crude supports energy input costs for feed producers and freight, with the sharper Murban move signaling heightened concern over Asian supply.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-01-29 | [Brent crude rallies above $71 on renewed U.S.-Iran tensions](https://feedsoft.ai/events/21237-brent-crude-rallies-above-71-on-renewed-u-s-iran-tensions.md) | +0.9% | +1.6% |
| BRENT | 2022-03-01 | [Oil futures: Crude, fuel prices surge as Ukraine conflict pushes NYMEX WTI well past $100/b](https://feedsoft.ai/events/12842-oil-futures-crude-fuel-prices-surge-as-ukraine-conflict-pushes-nymex-wti-well.md) | +23.6% | +11.2% |
| BRENT | 2019-04-23 | [Oil surges amid OPEC caution to offset Iran sanctions](https://feedsoft.ai/events/9603-oil-surges-amid-opec-caution-to-offset-iran-sanctions.md) | -1.0% | +0.3% |
| BRENT | 2026-09-11 | [Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks \| Reuters](https://feedsoft.ai/events/17629-oil-surges-6-brent-and-us-crude-both-surpass-100-on-more-tanker-attacks-reuters.md) | -1.2% | +2.1% |
| BRENT | 2024-10-08 | [CO Futures Close Higher Amid Middle East Tensions, Crude Oil Rally – MPOC](https://feedsoft.ai/events/7765-co-futures-close-higher-amid-middle-east-tensions-crude-oil-rally-mpoc.md) | -4.1% | -7.8% |
| WTI | 2026-01-29 | [Brent crude rallies above $71 on renewed U.S.-Iran tensions](https://feedsoft.ai/events/21237-brent-crude-rallies-above-71-on-renewed-u-s-iran-tensions.md) | +2.9% | +3.6% |
| WTI | 2022-03-01 | [Oil futures: Crude, fuel prices surge as Ukraine conflict pushes NYMEX WTI well past $100/b](https://feedsoft.ai/events/12842-oil-futures-crude-fuel-prices-surge-as-ukraine-conflict-pushes-nymex-wti-well.md) | +24.3% | +11.5% |
| WTI | 2019-04-23 | [Oil surges amid OPEC caution to offset Iran sanctions](https://feedsoft.ai/events/9603-oil-surges-amid-opec-caution-to-offset-iran-sanctions.md) | -3.4% | -3.9% |

## Sources

- gulfnews.com: https://gulfnews.com/business/energy/brent-crude-oil-surges-past-102-amid-hormuz-tensions-us-iran-conflict-1.500695537

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.