Energy
Brent Tops $106 on Iran Tensions Before Stalling on Report of a Phased Hormuz Reopening
Distillate inventories sit 12.7% below year-ago levels, leaving diesel the tightest part of the barrel as the risk premium builds.
PR
By Priya Raghavan
Sep 25, 2026 · 7 min read
Brent crude rose above $106 a barrel on Sept. 24, extending a 4.42% gain from the previous session, before paring the advance on a report that the United States and Iran were discussing a phased reopening of the Strait of Hormuz with Qatari mediation.
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PR
Priya Raghavan
Corporate Insider Inc.
Priya Raghavan writes for Corporate Insider Inc.