Brent crude rises 0.8% after reported U.S. attack on Iranian tankers

  • Brent crude rose 0.8% after a reported U.S. attack on Iranian tankers.
  • Brent recently traded near $96 a barrel, close to six-week highs.
  • Market pricing assigned a 1.6% YES probability to a significant surge by September 30.

Brent crude rose 0.8% after a reported U.S. attack on Iranian tankers, according to a Tier 2 report from Zero Hedge. The move came as tensions between the U.S. and Iran intensified around the Strait of Hormuz, a key passage for global oil shipments. The reported attack followed alleged Iranian attacks on U.S. Navy ships, adding to concerns about a broader military escalation and possible supply disruptions. Brent was recently near $96 a barrel, close to six-week highs, after earlier conflicts had already lifted prices. Market activity increased the odds of Brent reaching a new all-time high, while current pricing implied a 1.6% YES probability of a significant oil price surge by September 30. Observers are focused on further U.S.-Iran developments, statements from OPEC Secretary General Mohammad Sanusi Barkindo and Saudi Minister of Energy Abdulaziz bin Salman Al Saud, and coverage from major financial news outlets. Vera provides live prediction-market analysis on the outlook.

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