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Oil prices climb as Mideast war flares
Published : Wednesday, 9 September, 2026 at 8:52 AM
Observer Online Report
Collected Photo
Oil prices climbed on Wednesday (September 9) to near $100 a barrel in early Asia trade, as war in the Middle East threatened to further choke supply from the crude-rich region.
The price of Brent crude, the benchmark international contract, rose to $99.38 per barrel, while the main US contract West Texas Intermediate was at $94.51 per barrel.
The price of Brent crude, the benchmark international contract, rose to $99.38 per barrel, while the main US contract West Texas Intermediate was at $94.51 per barrel.
Iran said on Wednesday it struck a US military base in Jordan and that it would target oil tankers off Kuwait and Bahrain in retaliation for US strikes on its vessels.
-AJM
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Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, E-mail: [email protected], [email protected] Online: email: [email protected] 41053014; 01550707297 Advertisement: 01550707296
