Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades

OilPrice.com - 15 september 2026

Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades

Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil prices took a dive. Two months later, Brent is trading at over $107 per barrel, and WTI is moving closer to $103, as a deep chasm opens up bet…

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