The US-Israel-Iran war · Energy, shipping and markets

Brent rises back above $100 after tanker attacks and Iraqi terminal shutdown

Reportedon one origin only: 1 distinct origin, 1 tied to no party.

Front-month ICE Brent rose above $100 a barrel in Asian trading on 12 March after the attacks on tankers off Basra and the halt at Iraq's oil terminals, then eased to $96.50 at 08:13 GMT, Argus reported. Iraq's southern terminals averaged 3.33 million barrels a day of exports in 2025, according to Kpler data cited by Argus.

When: 12 March 2026
Where: Global oil markets, No single country
What: market
Attribution: Not attributed. Market move; no actor.
In the record: Published 2026-10-27 21:03 UTC · revision 1 · backfilled

Sources

Evidence Argus Media Market data · Unaffiliated origin: Argus price reporting, 12 March · published 2026-03-12 00:00 UTC

History

When	Field	From	To	Why
2026-10-27 21:03 UTC	status	null	reported	P1 backfilled: researched from cited sources and graded by the one rule

Cite or reuse

The War Record, "Brent rises back above $100 after tanker attacks and Iraqi terminal shutdown", ev-20261027-b93h, revision 1, https://thewarrecord.com/events/ev-20261027-b93h/

This month's events as JSON (id ev-20261027-b93h) · CC BY 4.0