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From the Liveblog of
Friday, March 13, 2026
From the Liveblog of
Friday, March 13, 2026
Brent crude surges 11% over week, 42% since Iran war began
Add ToI as a Preferred Source on GoogleThe price of a barrel of Brent crude has soared by more than 42 percent since US-Israeli strikes on Iran plunged the oil-rich Middle East into war, market data shows.
The cost of Brent, the international benchmark for oil, has surged from $72.48 on February 27 to $103.14 at today’s close. This also marks an 11 percent rise over the week.
The West Texas Intermediate, meanwhile, has rocketed more than 47% since the start of the conflict, to $98.71.
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