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Oil prices have surged to $90 a barrel, driven by the ongoing war in the Middle East and disruptions to ship traffic through the Strait of Hormuz, with some traders predicting prices could reach $100.

Stock markets experienced a decline due to a significant surge in oil prices, with Brent crude reaching over $91 per barrel, marking the largest weekly gain since 2020.

Oil prices have resumed their rally, with Brent crude topping $87 a barrel, after a brief dip in prices overnight.

Oil prices are expected to end the week with a 16% gain due to Middle East disruption, despite a temporary dip after US intervention signals.

Oil prices continue to rise due to escalating conflict in the Middle East, nearing highs reached earlier in the week.

Goldman Sachs has increased its Q2 Brent oil price forecast by $10 to $76 per barrel, citing depleting oil inventories in advanced economies due to halted flows via the Strait of Hormuz.

Oil prices surged as tensions escalated in the Strait of Hormuz due to an Iranian threat, prompting Goldman Sachs to raise its Q2 2026 Brent crude oil price forecast by $10 to $76 per barrel.

Oil and fuel futures and options contracts have reached an all-time high due to surging benchmark prices, with traders locking in the gains.

The Brent crude oil price has surged to its highest premium to the Middle Eastern Dubai marker since 2022, driven by US and Israeli attacks on Iran, indicating a potential increase in oil prices.

Stock futures have declined, while oil prices surged to over $80 a barrel due to concerns about a prolonged conflict, impacting market sentiment.

Surging oil prices due to escalating conflict between Iran and Israel may derail Pakistan's fragile economic recovery, with Brent crude oil prices potentially spiking to $120 per barrel.

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