Oil Hits $105 as Iran Shows No Signs of Backing Down

Bloomberg Markets Thursday 10 September 2026, 13:48 UTC 1 min read

Key Points

Brent crude oil prices top $105 a barrel as rising tensions in the Middle East heighten concerns about global supplies. US gasoline prices hit a record over the Labor Day weekend. Bloomberg's Michael McKee has the data.

Iran (LOCATION) the Middle East (LOCATION) US (LOCATION) Bloomberg (PERSON) Michael McKee (PERSON) Mike Reid (PERSON) RBC (ORG) Fed (ORG)

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Oil Hits $105 as Iran Shows No Signs of Backing Down

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