Hormuz disruption keeps oil prices elevated amid risk of $100 crude

First seen: Aug 28, 2026, 1:16 AM UTCUpdated: Aug 28, 2026, 2:01 AM UTC

WHAT HAPPENED

Analysts say disruption affecting the Strait of Hormuz is supporting oil prices, while forecasts differ over whether Brent crude could fall below $85 if fears ease. The headlines indicate ongoing uncertainty around a major oil route.

SO WHAT?

Prolonged disruption could raise global fuel costs and intensify inflationary pressure.

FOR ME

Impact on Switzerland

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MARKETS

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COVERAGE

Reports behind this event

peakoil.comen

Natural Gas and Oil Forecast: Diesel Stocks Tighten as Hormuz Flows Slowly Recover | Peak Oil News and Message Boards

Aug 28, 2026, 2:01 AM UTC

hellenicshippingnews.comen

Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts | Hellenic Shipping News Worldwide

Aug 28, 2026, 1:17 AM UTC

hellenicshippingnews.comen

Brent price forecast: could oil fall below $85 as Hormuz fears ease? | Hellenic Shipping News Worldwide

Aug 28, 2026, 1:16 AM UTC