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Brent crude surpasses $91 after vessel incident in Hormuz

after close1 source ↓written by the desknot a recommendation

following an incident
$91 per barrel

Brent Crude oil prices surged above $91 per barrel following an incident where a cargo vessel was struck by an unknown projectile in the Strait of Hormuz. The UKMTO reported damage to the engine room and a crew casualty, escalating regional tensions. This incident raises concerns over potential supply disruptions in the oil market. ⚓

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 18 Aug 2026, 16:09 IST.

Sourcesnews.google.com

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