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Brent hits records: what is driving the oil price up?
Business
Энергетика

Brent hits records: what is driving the oil price up?

SIC Notícias10 September 2026 at 16:20

Brent quotes are hitting records, with oil prices reaching multi-month highs. This situation is generating great concern in global energy markets.

The escalation of the Middle East conflict is exerting growing pressure on the oil market. Instability in the region has been feeding uncertainty regarding global crude supply.

The Houthis have been advancing in the Red Sea, raising new risks for one of the main oil transport routes between Asia and Europe. This sea lane is strategic for energy trade, and any disruption in the region can have significant repercussions on prices.

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