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

Oil passes $100 a barrel for the first time since 2022 as Gulf exports stall

Confirmedon two or more distinct origins, at least one tied to no party: 2 distinct origins, 2 tied to no party.

Brent opened Sunday evening trading at $101.81 a barrel and later climbed above $108, according to AP, the first time crude had crossed $100 since 2022. AP said Iraq, Kuwait and the UAE had cut output as storage filled because exports through the Strait of Hormuz had largely stopped. Brent had closed near $71 before the war.

When
8 March 2026
Where
Strait of Hormuz, No single country
What
market
Attribution
Not attributed. Market movement.
In the record
Published 2026-10-27 21:03 UTC · revision 1 · backfilled

Sources

  1. Evidence Associated Press News agency · Unaffiliated origin: AP market reporting · published 2026-03-08 00:00 UTC
  2. Corroboration Axios Media · Unaffiliated origin: Axios market reporting · published 2026-03-08 00:00 UTC

History

WhenFieldFromToWhy
2026-10-27 21:03 UTCstatusnullconfirmedP1 backfilled: researched from cited sources and graded by the one rule

Cite or reuse

The War Record, "Oil passes $100 a barrel for the first time since 2022 as Gulf exports stall", ev-20261027-fjv2, revision 1, https://thewarrecord.com/events/ev-20261027-fjv2/

This month's events as JSON (id ev-20261027-fjv2) · CC BY 4.0