Oil prices began the week with a sharp rise, with the barrel standing above $100. This appreciation occurs in a context of geopolitical tension in the Middle East region. The closure of a strategic pipeline in Saudi Arabia contributes to the reduction of crude supply. Additionally, new attacks in the Strait of Hormuz increased fears about the security of global oil supply.
Business
Energy
Oil price starts week with sharp rise
SAPO Notícias14 September 2026 at 02:27
Why this matters
Readers are affected because the rise in oil prices may translate into more expensive fuel at filling stations, impacting the cost of living and transport costs. This situation follows geopolitical tensions in the Middle East region that threaten the global supply of crude.
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