Short News View Non-AMP

Oil Price Today Surges Above $97

Published by
Qadir AK

Brent crude oil rose to $97.29 a barrel, its highest level in six weeks, as renewed U.S.-Iran fighting and threats to Iranian energy infrastructure increased supply concerns. Falling U.S. inventories and tight refined-product markets added pressure. Higher oil prices are raising inflation concerns and could strengthen expectations for further interest-rate hikes. Analysts warn Brent could approach $120 if restrictions around the Strait of Hormuz persist.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Published by
Qadir AK
Tags: Stock Market

Recent Posts

Could Bitcoin Drop To $70,000 From Here? Analyst Flags Key Warning Signs

Bitcoin has reached first resistance at $87,000, but a chart analyst is warning of a…

September 23, 2026

Fed’s Barr Signals More Rate Hikes Needed To Hit Inflation Target

Fed Governor Michael Barr said further rate hikes are likely needed to ensure a timely…

September 23, 2026

Why is Crypto Market Going Down Today?

Bitcoin has dropped to $84,242.05, down 2.1% over 24 hours, as the broader crypto market…

September 23, 2026

MoonPay to Acquire North Capital for Onchain Markets

MoonPay is moving deeper into securities infrastructure. The company has entered a definitive merger agreement…

September 23, 2026

Trump Discloses New Strategy Holdings as MSTR Stock Jumps 83%

President Donald Trump’s latest financial disclosure has put Michael Saylor’s Strategy back in the spotlight.…

September 23, 2026

Blockchain.com and NYSE Explore 24/7 Tokenized Securities

Blockchain.com and the NYSE are taking another step toward around-the-clock tokenized securities trading. The two…

September 23, 2026