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Oil prices soar and barrel already exceeds 100 dollarsPhoto by PublicDomainPictures on Pexels
Business
Энергетика

Oil prices soar and barrel already exceeds 100 dollars

RTP Notícias9 September 2026 at 12:50

Oil prices have soared and the barrel has crossed the 100-dollar threshold. Brent crude, which serves as a reference for Europe, registered a significant appreciation, reaching its highest level since July.

The escalating tension in the Middle East is behind this sharp rise in crude prices. Markets reacted with concern to the increase in tensions in the region, triggering a rush to oil prices.

This rise represents a return to levels not seen in several months, reflecting the geopolitical uncertainties that continue to affect global energy markets.

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